Automated identity verification with DigiPay.Guru’s next-gen eKYC solution
Identity verification faces various challenges like manual processes, onboarding delays, high costs, and security & compliance risks. These challenges need an automated solution to win customers and have a stronghold in the market. The solution is…
Face verification: Fast and secure identity verification process with eKYC solution
The facial recognition market will reach around $19.3 billion by 2032! This prediction shows the increase in the significance of secure biometric authentications like face verification at a global level. Face verification is utilized in the…
Streamline the identity verification process securely with an eKYC solution
Juniper Research predicted in Oct 2023 that digital identity verification checks would surpass 70 billion by the end of 2024. And it has been increasing ever since. It means that identity verifications have become quite significant in recent years. H…
Here’s how your fintech business can stay KYC and AML compliant and prevent fraud
Your fintech business is likely to be at financial risk! You read that right! According to the 2023 fraud and financial crime report, more than USD 800 billion are laundered globally every year. This statistic would’ve now made you believe it. With…
What to expect in eKYC verification trends for 2024?
The Christmas of 2023 is just around the corner and we will soon slide into the new year of 2024. Within this year, there have been many developments in the KYC industry. Today, the traditional KYC verification processes are taken over by automated…
Beyond Selfies: The Power of Liveness Detection in Digital KYC
Identity fraud in KYC verification has been a trouble for almost every business. But, for banks, it has been the biggest stumbling block. A report on identity verification suggests that in 2022, around 94% of banking organizations have experienced…
How an Automated Digital KYC Solution Can Cut Down Costs and Minimize Onboarding Delays?
The KYC verification process can come with many challenges. Some of the biggest challenges that banks and financial institutions face are delays in customer onboarding and the high costs associated with it. These issues can lead to customer…
A Comprehensive Guide to Implementing eKYC Solutions in Your Business
With digitalization, digital payments are increasing rapidly, resulting in a widespread adaptation of the current digital environment. One such adaptation is the rise of virtual cards. Verification of Identity has become a must for every business…
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