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Posted on 7425 Onfido, the global identity verification and authentication provider, today announced its best sales quarter in the company’s nine-year history, with revenue increasing 93% year-over-year. This strong momentum was attributed to another solid quarter in the United States (U.S.) and Central European markets, where revenues increased over 200% y-o-y in each region. This unparalleled growth was fueled by an acceleration in engagements from financial services organizations worldwide, specifically challenger banks and co...

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FICO Study: South Africans More Likely to Open Accounts Digitally January 2021 data on Identity Proofing in SA reveals that 80+ percent of adult South Africans recognise that identity proofing is for their protection, while 8 percent say their identity has definitely or is likely to have been used by a fraudster to open an account. Highlights   Since the COVID-19 pandemic, 60 percent of South African respondents are more likely to open a financial account digitally and 42 percent are less likely to open an account at a branch. People aged between 45-54 have the strongest preference for openi...