Digital Identity RSS
A new study has found that revenue for digital identity vendors will exceed $53 billion globally in 2026; doubling from $26 billion in 2021. Digital identity revenue includes third-party and... read more
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New data from FICO reveals the levels of consumer tolerance to new account opening security checks. With 23% of UK respondents admitting to going to a competitor if asked to visit... read more
The post Bank identity checks push one in four consumers to a competitor appeared first on Payments Cards & Mobile.
COVID drives explosive market growth of digital identity through face verification and liveness detection
COVID-driven acceleration of digital transformation has intensified the need for secure, reliable and trusted digital identity. Citizen and consumer embrace of “digital first” and “digital only” in the wake of... more
In ever more challenging times, the payments industry needs to maintain trust by finding a way to protect consumers from the constant threat of payment fraud and theft. Consumer’s wishing... more
The post Unlocking the value of digital identity in payments appeared first on Payments Cards & Mobile.
Since the beginning of lockdown measures in late March, digital services have been the only recourse for consumers needing to prove their identity in order to access services, whether that... more
The post UK consumers confirm shift towards digital identity to be permanent appeared first on Payments Cards & Mobile.