The technological priorities of businesses in the buy now pay later (BNPL) sector are evolving as fast as the industry itself. The industry was valued at $141.8bn in 2021 and is expected to balloon at a compound annual growth rate of more than 33% in the years to 2026. This is a huge opportunity, but potentially also
Category: Identity Verification
Why it’s time for booming marketplaces to double down on user trust in 2023
When Craigslist launched in 1995 it singlehandedly revolutionized classified advertising and gave birth to an exciting new ecommerce channel – the online marketplace. Customers using the prototype marketplace, and others like it, experienced hardly any barriers to entry at all. They simply entered their details into a webform, uploaded photos of their item and published
Identifying and accommodating changing gaming player demands
Gaming is a global industry, with long-established bases and a range of growing markets around the world. In this complex landscape, player demands are constantly evolving – so how can operators adapt? To meet the needs of a diverse client base and accommodate changing player demands, two themes are key: personalization and localization. It is
Strategizing for success in emerging markets as a gaming operator
Emerging markets are crucial for the future of the gaming industry, with regions like Africa and Latin America set to experience strong growth in the coming years. How can operators lay the groundwork for success in such markets? There is no such thing as a ‘typical’ emerging market: each nation has its own cultural, economic,
Aligning security processes for physical and digital gaming operators
The online gaming sector is rapidly expanding, with particularly strong growth potential in emerging markets such as Latin America and Africa. While this brings a host of unique security challenges, there are areas of mutually beneficial technological overlap with the land-based domain. According to a report from Custom Market Insights, the online gaming sector is
Why identity verification (IDV) is a win-win for lenders and borrowers alike
With fresh uncertainty in the unsecured loans market, caused by rising interest rates and the cost of living hampering global customers, the risk of online fraudsters has risen. However, identity verification solutions offer businesses and customers the chance to stay safe throughout disruption. Fast decisions A 98% check automation rate gets customers through in about
How to embed IDV into your security strategy
As online fraud evolves at a dizzying speed, there has never been a better moment to review your security strategy and ensure it is appropriate for the current digital environment, able to protect against a multitude of new and emerging threats, and compliant with legal requirements. Bad actors are constantly searching for new ways to
Validating your IDV security provider: What you need to know
In an online world rife with bad actors, security is necessary for today’s businesses to remain legally compliant, reputationally sound, and popular with customers. Identity verification (IDV) has risen in popularity among small companies and major global brands alike as a way to embed a successful security strategy. However, if a company is looking for
How neobanks can thrive using IDV
In a sector ripe with competition, legal, financial, and reputational risks, and discerning customers, neobanks must ensure their processes are optimized to stay ahead. To prevent any potential issues and satisfy customers, identity verification (IDV) offers a potent solution for today’s neobanks. Fast decisions A 98% check automation rate gets customers through in about 6
How identity verification (IDV) is powering the future of banking
Online fraud is an ongoing and evolving threat, with banking firms and their customers proving to be prime targets for bad actors. Mitigating risk and ensuring regulatory compliance requires a security approach that is both rigorous and agile. However, at the same time, the onboarding process and ongoing user experience should be as seamless and