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5 Digital Identity Trends Marketplaces Should Know for 2022
If you’re a marketplace executive, you already know that digital identity is a buzzy topic right now. Marketplaces and sharing economy players are realizing that, when done right, digital identity can unlock amazingly smooth and delightful customer experiences that can really differentiate companies from the competition. At the same time, advanced identity verification and authentication technology can mitigate some of the biggest risks that marketplaces are dealing with, such as fake accounts and account takeover.
What to Know About Business Identity Theft—and How to Avoid It
Business identity theft is a lot like jury duty—unexpected, time-consuming, and almost always inconvenient. Although there’s nothing you can do to prepare for business identity theft, there are steps you can take to mitigate the fallout once your business identity is threatened.
7 online identity verification trends you must know in 2021
The acceleration of the global digital transformation is astonishing and enchanting at the same time. Nowadays, people need almost no face-to-face interaction with businesses representatives to carry on their every-day life. The new and more efficient forms of services have replaced their previous incarnations.
How Identity Verification is a Strategic Priority for Businesses in 2021
Thanks to COVID-19, 2020 was the catalyst for a massive adoption of digital services by consumers. With the pandemic still ongoing and consumers’ changes in behavior solidifying, it’s unlikely that the world will ever return to what it was before. Digital is here to stay.
2021 Identity Fraud Study: Shifting Angles
Identity fraud losses in 2020 reached a total of $56 billion (USD). This figure represents a combined total of $13 billion for traditional identity fraud (down 21% from 2019) and $43 billion for identity fraud scams.