2018 October

02 Oct: 7 Fraud Prevention and KYC Tips for online businesses in 2018

  The volume of online interactions between businesses and consumers is constantly increasing. As digital commerce becomes increasingly more widespread, the demand for technological solutions to deal with the problem of identity verification and how to create trust also rises.   Fraud losses are growing. In the last 12 months, 63% of businesses have experienced either the same amount or an increase in online fraud. This growth intensifies the need for quick and easy verification processes.   The need for solutions that have little impact on the customer experience is great. 75% of businesses, surveyed by Experian in 2018, expressed…