COVID-19 driving an acceleration in adoption of identity verification
Businesses in the UK and U.S. have been ramping up their identity verification processes in order to protect customers during the COVID-19 pandemic.
New research from Trulioo, identity verification provider, found that almost three quarters (72%) of online marketplaces have increased their adoption of ID verification technology as a direct consequence of COVID-19. And more than half (52%) of financial services organizations have done so.