LibraryreportsCompliance & Conversions: How Fintechs can have both with Veriff

Compliance & Conversions: How Fintechs can have both with Veriff

Download Veriff's latest eBook, for a look at the current fraud landscape for fintechs and the effects of long-term investment in identity verification for burgeoning businesses.

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June 6, 2022
Fraud Prevention

Amid a constantly changing, and frankly tumultuous digital landscape, there is a need for safe, secure, and scalable digital identity verification in the fintech space. Fintech has become a necessary and powerful industry, as the global market is expected
to reach over $324 billion by 2026, growing at an annual rate of 23.41%.

Even before the COVID19 pandemic, crypto wallets, neo-banks, and other digital financial entities were struggling to endure the weight fraud had on their business. As we move through our “post-COVID” world, these businesses will continue to move away from being a flash in the pan and trendy, but will become vital parts to our economic ecosystem.

In our latest eBook, we outline why identity verification is one of the most important pieces of the puzzle for fintechs, and what the return on investment is when fintechs adopt best-in-class fraud prevention.