• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Goode Explains Why Digital Businesses Need Secure Identity Verification

June 27, 2019

Goode Explains Why Digital Businesses Need Secure Identity Verification

Goode Intelligence has published a new White Paper that highlights the importance of secure digital identity verification. Titled “The Digital Identity Problem – Solving the issue of trust,” the free paper suggests that reliable verification is essential because enterprises need to know the identities of their customers in order to safely do business with those individuals.  

The goal is to make sure that any potential clients are in fact real people, and that those people match the information they have presented. That allows a business to know that the client has the authority to act on their own behalf, and establishes a level of trust that is often missing without a face-to-face interaction.       

The paper specifically marks genuine presence assurance, document capture, and risk mitigation as key objectives for identity verification tech. According to Goode, the need for digital onboarding, age verification, and other related services will drive the digital identity market to $15 billion by 2024.

That $15 billion figure comes from an earlier Goode Intelligence report published in May. The new White Paper features case studies and market analysis from that report, using them as examples to help answer the questions presented at the top. Previous Goode reports have noted that secure identity verification and anti-money laundering tech will be particularly vital for financial service providers that need to establish trust for banking and mobile payments.

Filed Under: Industry News Tagged With: age verification, anti-fraud, digital authentication, digital identity, digital onboarding, Goode Intelligence, market trends, online security, strong online authentication, white papers

Related News & Articles

Selfie Onboarding Specialist Reports Major Growth in APAC, U.S.

IDEX Solution for Biometric Cards Moves Into Mass Production Phase

HYPR Grabs $35 Million in Series C Funding

Primary Sidebar

Learn About Mobile ID and Aviation

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • NordPass Enables Biometric, TOTP-secured 2FA for Business Users
  • Mastercard Solution Certified Under UK’s Digital ID Framework
  • Transatlantic Digital Traveler Identity Project Gets High-Profile Tech Partner
  • Digital Identity Tech Demo Online Event
  • Mobile ID Comes to Another US Campus

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld