Downloadable identity verification whitepapers, case studies and more.
Identification in an Anonymous Industry: How eIDV Reduces User Abandonment in the Verification Process
Within the Fintech space, Cryptocurrency companies are struggling to adopt a verification process respecting customers’ wishes for privacy and the need to comply with very specific regulations. Global Data Consortium’s electronic identity verification (eIDV) solution will allow them to do that.
In this report, we’ll do the following:
Profile who crypto investors are and where they live
Explain why traditional KYC verification procedures are often too long to keep potential customers progressing through the onboarding process
How nations are regulating KYC verification procedures
The customer lifetime value (CLTV) impact of using eIDV versus traditional verification
By understanding what causes investors to leave an onboarding process, fintechs can make crypto investors happy and avoid losing potential clients before they ever had a chance to do business.
Download the report to learn more.