Three Quarters of Financial Firms See Identity Inconsistencies

Digital revenue has turned identity verification from a back-office control into a front-door growth issue for financial services firms. The PYMNTS Intelligence report “ When ‘Good Enough’ Isn’t Enough: Digital Identity Verification in the Age of Bots and Agents ,” a collaboration with Trulioo , found that 76% of financial services firms earn at least three-quarters of their revenue through digital channels. That makes identity verification a larger business concern because every failed check, i