Tag: onboarding

In an ever increasingly hyper-competitive and hyper-digital world, the need to offer an outstanding service has become the most important form of currency.

As companies move more operations online, the need for digital signatures will only increase. Many people have signed contracts or legal documents digitally. While they seem like simple tools, these solutions need to ensure the signatory is really who they claim to be.

Companies are facing increasing pressures to streamline customer-facing processes. The digital ecosystem emphasizes a world where people want things completed instantly and poor experiences mean switching to other providers. Chor Teh - financial crime compliance industry practice lead at Moody’s Analytics - has explored why customers should be at the front of onboarding processes.

Mobile operators will generate $27bn from SMS messages related to multi-factor authentication in 2022, an increase from $25bn in 2021, according to a study from Juniper Research.

As more firms adopt digital operations, the need for seamless and secure onboarding tools will become critical. A new podcast explores the role identity proofing has within financial services.

Founded in 2013, MyDocSafe claims it is the only document security and e-sign software needed to verify and manage all your documents online and automate all compliance, onboarding and contract renewal processes.

More than half of consumers (68%) abandoned a financial application during the onboarding process in 2021, up from 63% in 2020, research from Signicat claims.

Global employment platform Multiplier has closed its Series B funding round on $60m, which brings its valuation to $400m.

Nvayo, an electronic money issuer (EMI) serving ultra-high-net-worth and underserved clients, has chosen to use PassFort’s KYC solution for customer onboarding.

Muinmos has been chosen by FinTech firm Sheer Markets for its fully automated AI-based onboarding solution.