Friendly Friction: How to optimise user onboarding for Financial Service
When it comes to user onboarding, there’s a tension between security and convenience. For financial services, non-compliance with KYC requirements can be costly.
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Digital Transformation in Financial Services: Identity Verification
It’s obvious that traditional ways of proving our identities are no longer secure. So what are financial institutions doing about it?
Regulation, Innovation and Financial Services: Leveraging new tech for better KYC
Identity fraud cost the United States $16.8 billion in 2017. For Financial Services, the issue is acute. Thanks to a recent spate of data breaches, SSNs are no longer fit for purpose.
Financial Services, Fraud and the Future of Digital Onboarding
Identity theft is the fastest growing crime in the US. Globally, 1 in 60 online transactions are fraudulent. And if you don’t know who your customers are, you can’t onboard them to your platform.