Digital Identity Network

Convert extra users, range faster, and deal with protection challenges with the powerful, all-in-one identification verification, organization confirmation, fraud prevention and conformity platform. Leading Financial Providers looked for to maintain consumer get in touch with information upgraded and fluid throughout their 3 portfolios (private tag credit cards, consumer financial institution, and retail financial institution), digital maintenance arm, and telephone call facilities.

A criteria of a great identity verification company is having numerous combination points like APIs, SDKs, no-code devices, and widgets that satisfy different types of identity verification of software program design and item development procedures. and needs.

It even claims that from March to November, using its identification services went up by 59.3%. Thinking about the quantity of use the company has seen in 2020 alone, it appears Unico is playing a solid role in identity confirmation in Brazil.

But no single identification verification solution can fight all kinds of scams, which is why a multi-layered, risk-based fraud protection method offers the most effective security and is the future of identification monitoring authentication.

Financial solutions saw an increase of 42% in effective scams attempts and lending companies reported a 38% increase.2 This is an essential indicator that scams is ending up being increasingly hard to stop and discover in these segments, as a lot more sophisticated scammers are getting through fraudulence discovery checkpoints.

Using Prove Identification Manager and Identification Verify to passively verify their customers removed the need for knowledge-based authentication concerns and led to a streamlined overall consumer experience, from onboarding to call center handling.

These solutions are used in the financial solution sector, ecommerce platforms, social networking sites, Web discussion forums, dating sites, and wikis to suppress sockpuppetry, minor signups, spamming and prohibited tasks like harassment, Identification scams, and money laundering For example, in banking, identification confirmation may be called for in order to open up a bank account.