How proper KYC process can boost conversion rates?

Protecting your company from fraud is essential, but if you’re afraid that Know Your Customer (KYC) regulations will negatively impact your conversion rates or suffocate your business, you don’t have to worry anymore. Establishing your  KYC processes correctly can positively impact your business. It can speed up the onboarding process and engage your customers more

Deepfakes – what are they and how to deal with them

This article will explain what are deepfakes, how deepfakes may damage business and how to prevent such fraudulent activities. If you work in a company that has to verify users identity, and you want to avoid revenue losses you may find here some interesting information. How are deepfakes made? Deepfakes are recordings prepared with the

Build trust through identity verification in the commercial real estate business

Commercial real estate, because of its nature, is inevitably bound not only with frequent high-value transactions, tons of paperwork including contracts, leases and escrow documents, but also with managing and verifying hundreds of individuals and organizations which are a part of the business; each agent has to be included in a secure identity system to

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Identity verification for crowdfunding platforms

Safeguard your crowdfunding activities with high-end KYC solutions When it comes to crowdfunding, the most significant value is trust. In this business, potentially anyone can be an investor or a donor, so you just have to know the background of who is sending the money and where their money is coming from. Conducting Identity verification for

Make KYC a jackpot for your gambling business

Casino and betting operators are constantly under increasing pressure to prevent fraud, money laundering, and underage gambling while maintaining a positive user experience that doesn’t discourage players or cause them to migrate to competitors. It may seem challenging to achieve these objectives simultaneously with so many challenges to overcome. The KYC process can make it

Achievement unlocked: Safe identity verification in the e-sport industry!

eGaming is one of the fastest-growing industries today. Its impact on economies across the world has been more than significant. It has an exponentially rising demand for high-quality services and products due to a massive surge in players. Unfortunately, gaming and e-sport are full of opportunities for scams and fraud. Players need to feel safe,

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Identity verification trends, part 3: financial services

The new era of digitalization has already begun and the world around us is more and more interconnected. The amount of online activities undertaken by both businesses and users is on the rise. This puts the financial industry under pressure to adapt its services to an online form, requiring suitable tools to confirm who is

Why user experience matters in identity verification

It’s no secret that a great user experience can go a long way in the modern world. With so many options, users are quick to abandon products and services that don’t meet their needs. As companies move further into the digital age, they face new challenges that require innovative solutions. One of those challenges is

NFT and Identity Verification

Cryptocurrencies and blockchain technology are making waves in different industries, with non-fungible tokens (NFTs) being the latest talk of the town. As cryptocurrencies have become more mainstream, so too has the use of blockchain for non-financial transactional services. This year alone saw a surge in the creation and trading of NFTs or digital assets stored

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Age verification system

What is age verification? Identity verification is a process that confirms the identity of a person. Although at the moment there are several different methods of verifying one’s identity. Every method is based on extracting and validating the same details, such as given name(s), last name(s), nationality, and the date of birth. Confirming the date

Fully-Verified was created as answer to its founders collectively losing over $150 000 to various types of fraud in their eCommerce businesses.

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