Survey results shared by Duff & Phelps, A Kroll Business on Tuesday (April 21, 2021) revealed that 81% of respondents either agreed or strongly agreed with the idea that digital IDs may improve our ability to combat financial crime across the financial services sector. Duff & Phelps, which offers governance, risk, and transparency solutions, has polled professionals working in the financial services industry. The survey’s findings reveal that financial crime is now the main driver behind the development and adoption of digital ID services. Around 34% of the survey respondents said that more effective Know Your Customer (KYC) processes/checks were the main potential benefit to their firm.