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Onfido Announces Face Authenticate and Enhanced Security Tools for Its Enterprise-Grade Real Identity Platform
Build trust and security at onboarding and throughout the customer journey while increasing revenue, thanks to a three-second, user-friendly authentication experience Onfido, the global customer identity verification and authentication provider, today announced Onfido Face Authenticate, which adds a fast and seamless biometric face authenticator as well as new security tools, including Onfido Private Key Encryption, to its Real Identity Platform. The new product suite provides businesses with the high levels of assurance they need to prove their customers are who they say they are in a remote setting without compromising user experience or privacy.
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 companies focused on retail investing, payments and crypto.
By 2022, Gartner predicts that 80% of organizations will be using document-centric identity proofing as part of their onboarding workflows, which is an increase from approximately 30% today.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Consumers Would Rather Get a Root Canal or Watch Paint Dry Than Create Unique Passwords, Onfido Survey Finds
May 6, 2021 GMT
LONDON & SAN FRANCISCO (BUSINESS WIRE) May 6, 2021
Onfido, the global identity verification and authentication company, today announced the results of a global study that found 17% of consumers would rather watch paint dry than create a unique password for every online account they have. Issued by Censuswide, the study polled more than 4,000 consumers in the United States, the United Kingdom, France and Germany who have online or mobile accounts on their password habits, attitudes and more.