{"id":32446,"date":"2023-03-31T21:17:42","date_gmt":"2023-03-31T21:17:42","guid":{"rendered":"https:\/\/www.trulioo.com\/?page_id=32446"},"modified":"2023-10-17T20:01:14","modified_gmt":"2023-10-17T20:01:14","slug":"digital-identity-verification","status":"publish","type":"page","link":"https:\/\/www.trulioo.com\/identity-verification-use-cases\/digital-identity-verification","title":{"rendered":"Digital Identity Verification"},"content":{"rendered":"\n<div class=\"bg-green-500\">\n    <div class=\"section\">\n        <h1 class=\"h2 lg:h1 mt-[180px] mb-[100px] text-green-900\" >What Is Digital Identity Verification?<\/h1>\n            <\/div>\n<\/div>\n\n\n\n<div\n    class=\"section mb-16\"\n    x-data=\"{ current: 0 }\"\n>\n\t<article class=\"relative lg:grid lg:grid-cols-4 lg:gap-10\">\n\t\t<div class=\"mt-12 lg:mt-24\">\n\t\t\t<aside class=\"lg:sticky lg:top-24 lg:bg-white\">\n\t\t\t\t<p class=\"p-lg subheading text-black mb-10\">\n\t\t\t\tJump to:\t\t\t\t<\/p>\n\t\t\t\t                                                <a\n                                                        href=\"#what-is-digital-identity-verification\"\n                                                        class=\"border-l border-gray-300 pl-4 py-3 block p-xs subheading text-gray-700 hover:text-green-900 hover:border-red-500 opacity-60 transition\"\n                                                        :class=\"(current === 0) &#038;&#038; '!text-green-900 !border-red-500 !opacity-100'\"\n                                                >\n                                                        What Is Digital Identity Verification?                                                <\/a>\n                                                                                        <a\n                                                        href=\"#how-does-online-identity-verification-work\"\n                                                        class=\"border-l border-gray-300 pl-4 py-3 block p-xs subheading text-gray-700 hover:text-green-900 hover:border-red-500 opacity-60 transition\"\n                                                        :class=\"(current === 1) &#038;&#038; '!text-green-900 !border-red-500 !opacity-100'\"\n                                                >\n                                                        How Does Online Identity Verification Work?                                                <\/a>\n                                                                                        <a\n                                                        href=\"#digital-identity-verification-use-cases\"\n                                                        class=\"border-l border-gray-300 pl-4 py-3 block p-xs subheading text-gray-700 hover:text-green-900 hover:border-red-500 opacity-60 transition\"\n                                                        :class=\"(current === 2) &#038;&#038; '!text-green-900 !border-red-500 !opacity-100'\"\n                                                >\n                                                        Digital Identity Verification Use Cases                                                <\/a>\n                                                                                        <a\n                                                        href=\"#digital-identity-verification-benefits\"\n                                                        class=\"border-l border-gray-300 pl-4 py-3 block p-xs subheading text-gray-700 hover:text-green-900 hover:border-red-500 opacity-60 transition\"\n                                                        :class=\"(current === 3) &#038;&#038; '!text-green-900 !border-red-500 !opacity-100'\"\n                                                >\n                                                        Digital Identity Verification Benefits                                                <\/a>\n                                                                                        <a\n                                                        href=\"#how-to-analyze-digital-identity-verification-solutions\"\n                                                        class=\"border-l border-gray-300 pl-4 py-3 block p-xs subheading text-gray-700 hover:text-green-900 hover:border-red-500 opacity-60 transition\"\n                                                        :class=\"(current === 4) &#038;&#038; '!text-green-900 !border-red-500 !opacity-100'\"\n                                                >\n                                                        How to Analyze Digital Identity Verification Solutions                                                <\/a>\n                                                                                        <a\n                                                        href=\"#comprehensive-digital-identity-verification\"\n                                                        class=\"border-l border-gray-300 pl-4 py-3 block p-xs subheading text-gray-700 hover:text-green-900 hover:border-red-500 opacity-60 transition\"\n                                                        :class=\"(current === 5) &#038;&#038; '!text-green-900 !border-red-500 !opacity-100'\"\n                                                >\n                                                        Comprehensive Digital Identity Verification                                                <\/a>\n                                        \t\t\t<\/aside>\n\t\t<\/div>\n                <div\n                    class=\"lg:col-span-3\"\n                    x-data=\"{ count: 6 }\"\n                    x-init=\"document.addEventListener('scrollspy:ready', function() {\n                        let debounce;\n\n                        register_scroller($el, function() {},\n                            function(scroller) {\n                                \/\/ Prevent slowdowns by debouncing to 50ms\n                                const now = performance.now();\n                                if (now - debounce < 50) return false;\n                                debounce = now;\n\n                                \/\/ Each scroll event, determine which section is nearest to the top of the viewport\n                                let closest = { value: 99999, index: 5 };\n                                for (let i = 0; i < 6; i++) {\n                                    \/\/ If the sticky anchor is visible, determine if it is closer than prior anchors\n                                    const rect = $refs['sticky_' + i].getBoundingClientRect();\n                                    if (rect.top &gt;= 0 &#038;&#038; closest.value &gt; rect.top) {\n                                        closest = { value: rect.top, index: i };\n                                    }\n                                }\n                                \/\/ Update the visible image accordingly, and return false to keep the event listener enabled\n                                current = closest.index;\n                                return false;\n                            },\n                        )\n                    })\"\n                >\n\t\t\t                                        <div\n                                            id=\"subtopic-article\"\n                                            class=\"custom-typography mb-4\"\n                                            x-ref=\"sticky_0\"\n                                        >\n\n\t\t\t\t\t\t<h3 class=\"h3 \" id='what-is-digital-identity-verification' >What Is Digital Identity Verification?<\/h3>\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Digital identity verification is the process of confirming an online identity. It confirms the people with digital identities exist, authenticates they are who they say they are, and investigates their reputation to help prevent fraud, mitigate risk and ensure compliance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A digital identity verification service is a reliable and quick way to build a layer of trust in a remote business relationship. It enables organizations to safely deliver services and handle transactions for global customers.<\/span><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t                                        <div\n                                            id=\"subtopic-article\"\n                                            class=\"custom-typography mb-4\"\n                                            x-ref=\"sticky_1\"\n                                        >\n\n\t\t\t\t\t\t<h3 class=\"h3 \" id='how-does-online-identity-verification-work' >How Does Online Identity Verification Work?<\/h3>\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">There are two main digital identity verification methods: analyzing data and analyzing identity documents.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The first approach involves checking a person\u2019s identity data \u2013 name, address, phone number, birthdate \u2013 against data sources such as electoral records, credit bureaus and census information.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The other method involves analyzing digital images of identity documents, usually captured with a mobile phone camera, to determine if an ID is authentic. The image is then compared to a live selfie for liveness detection to determine if the ID matches the person presenting it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Both methods have merit. The best approach depends on the use case, market, regulations, customer expectations and business requirements for assurance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When deciding which method to use, companies can consider:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">What\u2019s the company\u2019s industry?<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">Where does the company operate?<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">Where are the customers?<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">What are the company\u2019s products and services?<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">What is the volume of transactions?<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">What is the value of transactions?<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Identity analysis helps companies comply with legal requirements and safeguards against problematic accounts. But if that analysis inconveniences customers, they could abandon the onboarding process.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A strong identity program strikes a balance between speed and security while meeting business and regulatory requirements. Companies can find that balance by taking a<\/span><a href=\"https:\/\/www.trulioo.com\/blog\/compliance\/risk-based-approach\"> <span style=\"font-weight: 400;\">risk-based approach<\/span><\/a><span style=\"font-weight: 400;\"> to verification that helps them apply different steps to different risk scenarios.<\/span><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\" mb-4\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/id.trulioo.com\/buyers-guide.html\" class=\"my-16 block bg-brown-100 hover:bg-brown-300 md:relative md:flex md:flex-row\"  rel=\"noopener noreferrer\" target=\"_blank\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:w-64 md:flex-shrink-0\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:relative md:h-fit md:w-full md:self-stretch\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:absolute md:top-0 md:-left-64 md:h-full md:w-64\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<source media=\"(max-width: 480px)\" srcset=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/trulioo-buyers-guide-thumbnail-468x263.jpg\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<source media=\"(max-width: 768px)\" srcset=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/trulioo-buyers-guide-thumbnail-608x342.jpg\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/trulioo-buyers-guide-thumbnail-468x263.jpg\" width=\"468\" height=\"263\" itemprop=\"image\" alt=\"Buyer\u2019s Guide to Digital Identity Verification\" class=\"md:h-full w-full object-cover object-top\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/picture>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"px-6 py-4\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"sm subheading text-red-500 mb-4\">Read the buyer\u2019s guide<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4 class=\"h-sm text-green-900 mb-4\">Buyer\u2019s Guide: Strengthen Your Global Business With Digital Identity Verification<\/h4>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"p text-green-900\">Learn to navigate the complex identity verification landscape to make the best decision for your business<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t                                        <div\n                                            id=\"subtopic-article\"\n                                            class=\"custom-typography mb-4\"\n                                            x-ref=\"sticky_2\"\n                                        >\n\n\t\t\t\t\t\t<h3 class=\"h3 \" id='digital-identity-verification-use-cases' >Digital Identity Verification Use Cases<\/h3>\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Digital identity verification can solve many different <a href=\"https:\/\/www.trulioo.com\/identity-verification-use-cases\">business problems<\/a> and provide growth opportunities.<\/span><\/p>\n<p><strong>Compliance With KYC and AML Regulations<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Most countries and regions require identity verification to open an account for regulated industries, such as banks and other financial services. Those regulations include<\/span><a href=\"https:\/\/www.trulioo.com\/blog\/kyc\"> <span style=\"font-weight: 400;\">Know Your Customer<\/span><\/a><span style=\"font-weight: 400;\"> (KYC) and <\/span><a href=\"https:\/\/www.trulioo.com\/blog\/aml-compliance\"><span style=\"font-weight: 400;\">Anti-Money Laundering<\/span><\/a><span style=\"font-weight: 400;\"> (AML).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The growth of digital banking and other online financial services has amplified the need for <\/span><a href=\"https:\/\/www.trulioo.com\/identity-verification-use-cases\/onboarding\/customer\"><span style=\"font-weight: 400;\">remote customer onboarding<\/span><\/a><span style=\"font-weight: 400;\">. There are often prescriptive rules for collecting, verifying and using personally identifiable information for identity verification.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Failure to comply with KYC regulations can lead to fines as well as financial and reputational damage if criminals gain access to accounts.<\/span><\/p>\n<p><b>Customer Safety and Security<\/b><\/p>\n<p><span style=\"font-weight: 400;\">As digital channels for online retail and other interactions expand, so too does the need to verify participants. Some measures, such as the<\/span><a href=\"https:\/\/www.trulioo.com\/blog\/marketplaces\/inform-consumers-act\"> <span style=\"font-weight: 400;\">INFORM Consumers Act<\/span><\/a><span style=\"font-weight: 400;\">, are legal requirements, while other initiatives build<\/span><a href=\"https:\/\/www.trulioo.com\/identity-verification-use-cases\/trust-safety\"> <span style=\"font-weight: 400;\">trust and safety<\/span><\/a><span style=\"font-weight: 400;\"> for the platform.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When consumers engage with digital channels, such as ride-share, for the first time, they often have doubts or concerns. If the experience is safe and convenient, they\u2019re more likely to do it again.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Identity verification helps establish that sense of safety because it helps companies vet users and provides a way to hold everyone accountable.<\/span><\/p>\n<p><b>Fraud Prevention<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Online fraud is a constant threat, and consumers expect companies to provide secure digital interactions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Companies that show consumers they are taking steps to prevent fraud and identity theft can build <\/span><a href=\"https:\/\/www.trulioo.com\/blog\/fraud-prevention\/digital-trust\"><span style=\"font-weight: 400;\">digital trust<\/span><\/a><span style=\"font-weight: 400;\">, loyalty and engagement. As reliance on digital services continues to grow, this will become an even more essential ingredient for success as businesses move into an uncertain future.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Beyond that, companies protect themselves by verifying identities at account opening and at critical points in the customer life cycle to gauge risk.<\/span><\/p>\n<p><b>Protecting Minors<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Companies that provide age-restricted digital services, such as online gaming or alcohol sales, are legally required to conduct <\/span><a href=\"https:\/\/www.trulioo.com\/blog\/fraud-prevention\/online-age-verification\"><span style=\"font-weight: 400;\">age verification<\/span><\/a><span style=\"font-weight: 400;\">. Identity verification helps establish a person is the legitimate user of an account and meets age criteria.<\/span><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\" mb-4\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/id.trulioo.com\/Gartner-Report.html\" class=\"my-16 block bg-brown-100 hover:bg-brown-300 md:relative md:flex md:flex-row\"  rel=\"noopener noreferrer\" target=\"_blank\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:w-64 md:flex-shrink-0\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:relative md:h-fit md:w-full md:self-stretch\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:absolute md:top-0 md:-left-64 md:h-full md:w-64\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<source media=\"(max-width: 480px)\" srcset=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/02\/Trulioo-blog-Gartner-Report-468x263.jpeg\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<source media=\"(max-width: 768px)\" srcset=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/02\/Trulioo-blog-Gartner-Report-608x342.jpeg\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/02\/Trulioo-blog-Gartner-Report-468x263.jpeg\" width=\"468\" height=\"263\" itemprop=\"image\" alt=\"\" class=\"md:h-full w-full object-cover object-top\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/picture>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"px-6 py-4\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"sm subheading text-red-500 mb-4\">Read the report<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4 class=\"h-sm text-green-900 mb-4\">The Gartner\u00ae Market Guide for Identity Proofing and Affirmation<\/h4>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"p text-green-900\">Learn how leveraging a comprehensive identity verification platform enables organizations to adapt to changing regulations, reduce risk and create a smooth, convenient user experience.<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t                                        <div\n                                            id=\"subtopic-article\"\n                                            class=\"custom-typography mb-4\"\n                                            x-ref=\"sticky_3\"\n                                        >\n\n\t\t\t\t\t\t<h3 class=\"h3 \" id='digital-identity-verification-benefits' >Digital Identity Verification Benefits<\/h3>\t\t\t\t\t\t<p><b>The Benefits of Reducing Manual Verification<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Businesses that verify users manually often devote costly staff time and effort. Manual verification involves labor-intensive data entry, potentially introducing errors that lead to onboarding delays or in-person visits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Manual identity verification can be a slow process in a fast-paced digital world. Automated verification can play a critical role in expanding a company\u2019s digital footprint.<\/span><\/p>\n<p><b>Enhance Customer Experiences and Improve Conversions<\/b><\/p>\n<p><a href=\"https:\/\/www.trulioo.com\/identity-verification-use-cases\/onboarding\"><span style=\"font-weight: 400;\">Customer onboarding<\/span><\/a><span style=\"font-weight: 400;\"> is the bridge between someone considering a purchase and becoming a customer. It sets the tone for the business relationship.<\/span><\/p>\n<p><a href=\"https:\/\/www.trulioo.com\/blog\/customer-onboarding\/digital-onboarding-process\"><span style=\"font-weight: 400;\">Digital onboarding<\/span><\/a><span style=\"font-weight: 400;\"> is a fast, convenient onboarding method that avoids the paperwork and long waits that can lead to abandonment.\u00a0<\/span><\/p>\n<p><b>Growing Digitalization Initiatives<\/b><\/p>\n<p><span style=\"font-weight: 400;\">In a world where all businesses will be digital, streamlined verification can open the digital door for everyone.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Digital identity verification can operate across borders, adjust to changing markets and help businesses grow. <\/span><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\" mb-4\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.trulioo.com\/lp\/how-agile-workflows-can-unlock-global-identity-verification\" class=\"my-16 block bg-brown-100 hover:bg-brown-300 md:relative md:flex md:flex-row\"  rel=\"noopener noreferrer\" target=\"_blank\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:w-64 md:flex-shrink-0\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:relative md:h-fit md:w-full md:self-stretch\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:absolute md:top-0 md:-left-64 md:h-full md:w-64\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<source media=\"(max-width: 480px)\" srcset=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/wp-agileworkflows-thumbnail-468x263.jpg\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<source media=\"(max-width: 768px)\" srcset=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/wp-agileworkflows-thumbnail-608x342.jpg\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/wp-agileworkflows-thumbnail-468x263.jpg\" width=\"468\" height=\"263\" itemprop=\"image\" alt=\"\" class=\"md:h-full w-full object-cover object-top\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/picture>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"px-6 py-4\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"sm subheading text-red-500 mb-4\">Read the white paper<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4 class=\"h-sm text-green-900 mb-4\">How Agile Workflows Can Unlock Global Identity Verification<\/h4>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"p text-green-900\">Learn how custom agile workflows can meet a company\u2019s identity verification needs anywhere.<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t                                        <div\n                                            id=\"subtopic-article\"\n                                            class=\"custom-typography mb-4\"\n                                            x-ref=\"sticky_4\"\n                                        >\n\n\t\t\t\t\t\t<h3 class=\"h3 \" id='how-to-analyze-digital-identity-verification-solutions' >How to Analyze Digital Identity Verification Solutions<\/h3>\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Identity verification isn\u2019t one size fits all. Regulatory requirements vary across industries and countries. Fraud prevention programs adjust due diligence to different risk profiles. On top of that, customer expectations and willingness to share personal information vary worldwide.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are some ways to evaluate digital identity verification vendors.<\/span><\/p>\n<p><b>Data Security and Privacy Expertise<\/b><\/p>\n<p><span style=\"font-weight: 400;\">There are strict legal requirements around consumer privacy and collecting and handling sensitive data. Failure to meet those requirements can lead to steep noncompliance fines, security breaches and eroded customer trust.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Robust data and privacy standards, sophisticated technology and operational expertise are differentiators in the identity verification market.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Does the vendor incorporate best practices, such as<\/span><a href=\"https:\/\/www.trulioo.com\/blog\/trust-and-safety\/iso-27001-compliance\"> <span style=\"font-weight: 400;\">ISO 27001<\/span><\/a><span style=\"font-weight: 400;\">? Does it have a comprehensive suite of data policies and procedures?<\/span><\/p>\n<p><b>Global Coverage<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Different countries require different data sources and verification procedures. Is the verification solution agile and able to add new markets, optimize performance or adjust to new requirements?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Companies can evaluate vendors based on contracting procedures, ease of integration and workflow adaptability. Does the provider understand the nuances of doing business in the company\u2019s target markets?<\/span><\/p>\n<p><b>A Balancing of Security and Speed<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Every new customer is unique. Can the identity verification program quickly assess the person\u2019s risk profile and adapt accordingly?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Vendors should quickly onboard legitimate customers while applying additional scrutiny to problematic accounts. Can the vendor provide verification<\/span><a href=\"https:\/\/www.trulioo.com\/blog\/identity-verification\/workflow-studio\"> <span style=\"font-weight: 400;\">workflows<\/span><\/a><span style=\"font-weight: 400;\"> that minimize risk while delivering positive customer experiences?\u00a0\u00a0<\/span><\/p>\n<p><b>Total Cost of Ownership<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Lower upfront costs may be tempting, but optimized, holistic identity verification services can bring more value. Weighing the total cost of ownership can give organizations a clearer picture of what they\u2019re getting and giving up.<\/span><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\" mb-4\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/id.trulioo.com\/finding-value-complex-identity-verification-market.html\" class=\"my-16 block bg-brown-100 hover:bg-brown-300 md:relative md:flex md:flex-row\"  rel=\"noopener noreferrer\" target=\"_blank\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:w-64 md:flex-shrink-0\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:relative md:h-fit md:w-full md:self-stretch\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:absolute md:top-0 md:-left-64 md:h-full md:w-64\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<source media=\"(max-width: 480px)\" srcset=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/wp-optimizing-identity-verification-thumbnail-468x263.jpg\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<source media=\"(max-width: 768px)\" srcset=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/wp-optimizing-identity-verification-thumbnail-608x342.jpg\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/wp-optimizing-identity-verification-thumbnail-468x263.jpg\" width=\"468\" height=\"263\" itemprop=\"image\" alt=\"\" class=\"md:h-full w-full object-cover object-top\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/picture>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"px-6 py-4\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"sm subheading text-red-500 mb-4\">Read the white paper<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4 class=\"h-sm text-green-900 mb-4\">Finding Value in the Complex Identity Verification Market<\/h4>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"p text-green-900\">Learn five ways to optimize identity verification value.<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t                                        <div\n                                            id=\"subtopic-article\"\n                                            class=\"custom-typography mb-4\"\n                                            x-ref=\"sticky_5\"\n                                        >\n\n\t\t\t\t\t\t<h3 class=\"h3 \" id='comprehensive-digital-identity-verification' >Comprehensive Digital Identity Verification<\/h3>\t\t\t\t\t\t<p><a href=\"https:\/\/www.trulioo.com\/blog\/identity-verification\/layered-identity-proofing\"><span style=\"font-weight: 400;\">Identity proofing and assurance<\/span><\/a><span style=\"font-weight: 400;\"> are fundamental to building trust, enhancing security and achieving compliance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Comprehensive, agile digital identity verification can give organizations a competitive edge in the market and fuel global growth.<\/span><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\" mb-4\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/trulioo.highspot.com\/viewer\/63d87ec526b44b6b22c27420\" class=\"my-16 block bg-brown-100 hover:bg-brown-300 md:relative md:flex md:flex-row\"  rel=\"noopener noreferrer\" target=\"_blank\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:w-64 md:flex-shrink-0\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:relative md:h-fit md:w-full md:self-stretch\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"md:absolute md:top-0 md:-left-64 md:h-full md:w-64\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<source media=\"(max-width: 480px)\" srcset=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/brochure-global-identity-platform-thumbnail-468x263.jpg\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<source media=\"(max-width: 768px)\" srcset=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/brochure-global-identity-platform-thumbnail-608x342.jpg\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/brochure-global-identity-platform-thumbnail-468x263.jpg\" width=\"468\" height=\"263\" itemprop=\"image\" alt=\"Identity Verification Platform\" class=\"md:h-full w-full object-cover object-top\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/picture>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"px-6 py-4\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"sm subheading text-red-500 mb-4\">Read the brochure<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4 class=\"h-sm text-green-900 mb-4\">The Global Identity Platform That Verifies Your World<\/h4>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"p text-green-900\">Learn how companies can streamline identity and business verification worldwide with one platform, integration and contract.<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t<div class=\"hidden lg:block section px-0 pt-10 mt-20 border-t border-green-900\">\n\t\t\t\t\t\n<script>\n\t\/\/ @author Justin Golden - Copied from Desktop Clock\n\tasync function copyText(str) {\n\t\tconsole.log('Copying', str);\n\t\tif (!navigator.clipboard) {\n\t\t\t\/\/ fallback\n\t\t\tconst input = document.createElement('textarea');\n\t\t\tinput.innerHTML = str;\n\t\t\tdocument.body.appendChild(input);\n\t\t\tinput.focus();\n\t\t\tinput.select();\n\t\t\tlet result;\n\n\t\t\ttry {\n\t\t\t\tresult = document.execCommand('copy');\n\t\t\t\tconsole.log('Fallback: Copying text command was ' + (result ? 'successful' : 'unsuccessful'));\n\t\t\t} catch (err) {\n\t\t\t\tconsole.error('Fallback: Could not copy text: ', err);\n\t\t\t}\n\t\t\tdocument.body.removeChild(input);\n\t\t\treturn result;\n\t\t}\n\t\tconst result = navigator.clipboard.writeText(str).then(\n\t\t\tfunction() {\n\t\t\t\tconsole.log('Async: Copying to clipboard was successful');\n\t\t\t\treturn true;\n\t\t\t},\n\t\t\tfunction(err) {\n\t\t\t\tconsole.error('Async: Could not copy text: ', err);\n\t\t\t\treturn false;\n\t\t\t}\n\t\t);\n\t\treturn result;\n\t}\n<\/script>\n\n<div x-data=\"{open: false}\" class=\"text-green-900\">\n\t<div :class=\"open &#038;&#038; 'bg-brown-100'\" class=\"transition-colors inline-block p-4\">\n\t\t<!-- Add `rotate-90` class to button when open\n            When open button should have hover classes without `hover:` and add `hover:bg-green-700` -->\n\t\t<button class=\"flex items-center cursor-pointer\" @click=\"open = !open\">\n\t\t\t<div :class=\"open ? 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