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Organizations Seek Better ID Verification, But Most Don’t Think They Do It Well

Experts discuss the four stages of identity verification maturity.

Problems with ID verification.

An overwhelming majority of North American ecommerce and financial services companies consider identity verification a top priority but don’t believe they do it well or have all the tools for success.

That is a critical finding of a report from “The State of Identity Verification Maturity in North America,” from identity data company Whitepages Pro, which comes from a survey of 150 businesses across the U.S. and Canada in early 2018. Organizations were asked about their current practices, motivations for, and perceived obstacles to, adopting more mature identity verification strategies, and the benefits that come with increased identity verification maturity.

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Roy Urrico

Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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