Identity verification in peer-to-peer lending industry

What is peer-to-peer lending? Peer-to-peer lending, also known as P2P lending or crowdlending, is a practice of lending money to businesses or individuals through online platforms that match lenders with borrowers in return for a fee. It is a way for borrowers to get funding without the involvement of banks, and for lenders to make

How does identity verification work in the travel industry?

  Traveling, sightseeing, exploring… These activities are inherent in man and his innovative nature. For many of us, seeing new places and cultures is an integral part of our lives. We cannot imagine our life without traveling. The smaller trips to family and friends, and the larger excursions to completely unknown corners of the world,

Transformation of human identity

Who are we and how we perceive ourselves has been a constant question in human history. For centuries we have searched for something that could describe us. As humans we feel the need to identify with something.  Human identity is a mixture of values, beliefs, behaviour, skills and qualities, attitude and appearance that are influenced

How could identity verification change online dating?

In the past two decades, we moved the majority of our everyday tasks and chores to the virtual world. It is nothing out of ordinary to shop online, have an online consultation with a doctor, open and manage a bank account. All of it can happen without having to make an appointment or leaving the

Why your company’s cybersecurity matter?

Cybersecurity refers to all the activities involved in protecting computers, telephones, systems, networks, and data from external attacks. Activities ensuring cybersecurity should be the basis for the functioning of users all over the world, as well as companies and institutions that deal with sensitive data daily. The pandemic and remote work exposed weaknesses and gaps

How could identity verification function in social media?

Social media plays a crucial part in our lives. According to data from the beginning of 2021, over 4 billion people in the world actively use social media (with a global population of 7.8 billion people). Social networks allow us to contact our loved ones, exchange information instantly, and bring together groups of people with

Proof of address document as a part of identity verification process

When creating an account to verify your identity you are usually required to submit an identity document. Based on that, and additional information provided, your identity is verified. However, sometimes additional documentation is needed, and that is the proof of address. It is usually required when opening a bank account or another money transfer related

The impact of covid-19 on cybercrime

The year 2020 undeniably stands out from other recent years. It was hugely affected by the coronavirus pandemic that turned the whole world upside down, affecting also the cyberspace. The need to limit direct contact, remote work and learning have led to the transfer of a large part of our everyday life into the virtual

How can video identity verification process improve immigration-related procedures?

It is certainly a part of common knowledge around the world that even the simplest immigration-related processes can be lengthy, time consuming and incredibly frustrating.  The reasons for it vary, but it all comes down to the fact that over the years, travelling and migrating to different countries became a common occurrence and not something

How will Virtual Reality affect our future?

Despite the changes that have taken place in society during the ongoing pandemic, it cannot be denied that in many technological matters, changes that would take several years have taken several months. Remote work and learning, meetings with friends via video, virtual tours around museums, webinars, or remote handling of affairs in offices and banks