Today, digital fraud is growing exponentially and constantly evolving. Regulatory requirements, KYC, and identity verification can be complex and challenging for many financial institutions. Being able to implement proper digital onboarding with AI identity verification is critical to boosting your customers’ experience. during sign-up.

Different parts of the FinTech market have been shifting towards digital transformation, COVID-19 has simply accelerated the process. To survive, businesses are going to need to focus on what their core offering is.