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.
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.
We met with Michael Moore, Global Head of Compliance at Wirex, to find out how Onfido helped reduce their average turnaround time from 48 hours to 45 seconds.
Onfido Talks: AI and Machine Learning in Financial Services
Onfido's Director of Research, Jacques Cali, discusses human and machine interaction, and how we can leverage machine learning for better digital identity verification.
What are the challenges facing Compliance teams in Financial Service, and how can compliance professionals balance the pace of innovation at a FinTech against the demands of the regulators?
Onfido is proud to present OnfidoWoof - the world's first identity verification solution for dogs!
To find out more, visit https://www.onfido.com
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