Digital technology also relies heavily on public and consumer trust in terms of security. Online Identity Verification that is safe and easy to use is the key in providing digital trust to customers. The digital identity verification process makes online customer acquisition via applications or the web easier.
It allows businesses to safely perform customer onboarding online. With online ID verification, businesses are not only safe from financial and identity fraud, but can also meet statutory obligations, such as Counter-Terrorism Financing and AML.