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Reduce incidents on your platform

How Automated Identity Verification Can Help You Reduce Incidents On Your App

As a founder or operator of a sharing or gig economy app, you are no stranger to the importance of a verified identity layer and the horrors that can come from its absence. Whether you’re a veteran or new to this space, we’re guessing the Black Mirror style stories we’ve outlined below are all too familiar. The happy ending? These stories don’t have to be this dark; and most are entirely preventable. Read on to find out how you can change the arc of these narratives for your business and end-users:

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identity-theft-security

Identity Verification: The real superhero combating fraud, chargebacks, and default rates.

Fake IDs have existed for many years and have been used by many people (maybe even you) for “harmless” reasons. I say harmless because I’m thinking of my teenage years when I would borrow my sister’s ID to buy beers for my friends or maybe get into a club. I guess this is why seeing a teenager borrowing an ID, or ordering a fake one to buy liquor is such a cliché in American teenage movies. Speaking of that, have a look at this masterpiece of a scene, coming straight from the 2007 comedy Superbad:

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KYC & AML For Dummies: What KYC & AML actually stand for and why should you care

For this article, I’m going to suggest you put on your favorite jazz music, pour yourself a glass of your favorite red wine, and if you have a fireplace, light it up and get ready to be seduced by the sexy world of compliance. Just kidding, compliance might not be that sexy but it’s definitely important, and now that I have your full attention, I’m going to teach you once and for all what AML and KYC are.

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5 Questions You Should Ask Your Identity Verification Provider

Ensuring users are who they claim to be is without a doubt, one of the most critical steps to implement within your online services, be it at onboarding or checkout. Why is this so important, you may ask? Because without the reassurance that comes with having legitimate, verified users, your platform and clients could be left exposed to potential security threats.

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How to verify the identity of your users without hurting your conversion rate

Online operations grow by the minute and with them the need to verify in a secure way who is on the other side of your screen. You’ve probably heard the old adage “On the internet, nobody knows you’re a dog”. Well, now you can! And what’s more, it’s easier than you think. Integrating a strong identity verification service can help you find out exactly who your customers are.

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