Consumers fine to take time for biometric ID verification in return for less fraud: Veriff

The prevalence of identity fraud incidents is making consumers weigh the fraud protection record of businesses before signing up with them, according to a new report from Veriff. The report has been released just as Daon, Au10tix and iDenfy announce new selfie biometrics customers, and a couple of FaceTec clients reveal new partnerships.

The 2024 Veriff Identity Fraud Index shows 75 of consumers now claim to consider fraud prevention record before onboarding to a service. Accordingly, 64 percent say they …

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