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More than just a Bank Account Financial inclusion is not just having access to a bank account. Affordable insurance, loans, remittances, savings, and investing accounts are all financial services that can make a drastic difference in life quality. Back in 2012, it was estimated that a whopping $15.3 trillion is needed to satisfy life insurance needs
With so much of life conducted online, having excellent passwords is absolutely essential. Nearly every time you sign up for a website, you’re asked to create a password. And more often than not, you’re giving that website some amount of personal information. Maybe just your name and email address, but that alone can be a
We’re thrilled to share a little more about a brand new product, improvements across the board, and a new addition to our SDKs. Assisted Image Capture In March we announced the launch of our latest product – Assisted Image Capture. We have a full explanation of what it is and what it does in an earlier
The sudden and sizable need for reliable tools to support remote work at an enormous scale has global tech usage surging. Fintech app usage has surged over 70% in Europe alone. Video conferencing leader Zoom has seen traffic quadruple and Cisco WebEx hosted over 70 million meetings last month. Microsoft reports over a 775% increase in monthly users for its Teams communication software –
Veriff’s information security team aims to highlight these tactics and offer cyber hygiene practices on how to avoid becoming the next victim of COVID-19-related scams. Here’s what you need to watch for. Find the Phish Phishing scams are dangerous because, especially times like this, you are made to believe that the message is sent from
This week the global coronavirus pandemic swept through the U.S., resulting in widespread school closures that have affected more than 26 million American students. Some schools have been completely shuttered, while many chose to take on a new challenge: providing digital education from a distance. This temporary transition comes with a variety of requirements. For
Assisted Image Capture (AIC) helps to avoid some of the most common mistakes that people make when going through the verification flow, especially when doing it for the first time. Examples include taking low-quality photos or failing to show both sides of the ID. Assisted Image Capture provides real-time user feedback in the moment, within
According to Janer Gorohhov, the co-founder and COO of Veriff, this is a market-driven product innovation. It allows enterprises to pick and choose from over 20 different features and checks, based on the individual use case, in order to guide as many honest users through the onboarding process as possible. “We took it one step
We’re excited to share the tweaks and improvements to our dashboard and end-user flows, as well as announce that we now support 7,000+ government-issued IDs. Here’s a full overview of what’s changed since the start of the year. End-user flow improvements Through rigorous testing, our product teams are able to identify small ways to improve
In June 2018, California passed the California Consumer Privacy Act (CCPA). The CCPA demands that companies to show all the data they have about consumers residing in California, including a complete list of all third parties who have access to that data. This resulted in companies being forced to overhaul their data collection methods and caused turmoil
