Why Identity Verification is the Next Frontier in Fintech
3 min readJun 10, 2022
Various forms of monetary value have never been more available or moved faster than in the current digital economy. It’s probably no surprise then that financial institutions are also approximately 300 times more likely to experience a cyberattack and banks were the targets of a more than 1,300 percent increase in ransomware attacks in the first half of 2021 alone. With so many…