Rise in cyberattacks forces companies to use identity verification

Companies across the globe have sped up their digitalization processes and enabled their employees to work from home. Those changes were mostly forced by the pandemic, but the implemented model is here to stay. As the result, a lot of companies have been more vulnerable to cyberattacks. Digitalization can be a lifesaver, or more a

National ID Cards – Trends and The Future

What is an identity card and what is its purpose? The history of passports and national identity cards slightly differs. The shape and format of the majority of today’s identity cards was only standardized in 1985, as opposed to the passports’ standardization in 1920. In the past decade, however, the national identity card documents went

Video identity verification for airlines – the digital revolution of the i...

2020 has become a pandemic year with unprecedented losses for many industries. Tourism and airlines were hit extremely hard with a record decrease of 73% in international arrivals compared to 2019. This catastrophic drop includes lost revenue of $371 billion and a 60% passenger reduction according to the International Civil Aviation Organization (ICAO). The projected

COVID-19 At-Home Tests with Video Observation in the UK

The Secretary of State for Health and Social Care in the United Kingdom, Sajid Javid, has proposed a new solution for vaccinated travelers making their way back to the UK. It would require travelers to be filmed during the process of taking a lateral flow swab COVID-19 test. So far, travelers returning to the UK

Identity verification in the sharing economy – a key factor to trust build...

Sharing economy – current situation and predictions “Creative disruption” – that is a phenomenon that has been occurring in the global economy for several years. It is all about the sharing economy that changed the face of traditional business. According to a study by PwC the sales revenue in the five sectors, where the impact

Identity Verification in the DeFi industry

The last few months have been extremely dynamic for DeFi companies. In mid-May this year, the industry reported a record market size, today it is struggling with gigantic declines. More and more controversy is also growing around hacker attacks and cyber crimes. People are starting to approach DeFi applications with increasing skepticism. There is also

Everything you need to know about Age Verification

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

What is an MRZ?

Have you ever looked at your identity document and wondered what is this string of numbers and personal information at the bottom? It’s a machine-readable zone or in short MRZ and its purpose is to facilitate automated reading of basic personal details from the document during the verification process. An MRZ consists of two or

Advantages of the identity verification process for customers

When talking about the positive sides of the identity verification process, we often focus on the advantages that companies and institutions can experience. Compliance with regulations, a growing sense of security, adaptation to technological changes and increasing reputation are just some of the benefits felt by companies using the identity verification service. The process itself

User Authentication Methods

Many companies put us through multiple steps of verification to grant us access to their services. Everyday we go through identification, authentication and authorization processes and we may not even realise the steps that we are taking to log into an account. The need to prove the user’s identity is dictated by security reasons. With

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