Prove CEO Rodger Desai on PaymentsNext | 3 trends driving the digital identity market in 2022
As we evolve into a more phone-centric and mobile-first world, digital identification is becoming a powerful tool to enable safer and more secure transactions and digital interactions.
Digital payments are now so convenient and widespread that many brick-and-mortar locations are opting to go completely cash-free – and the benefits continue to increase. As a result, the global digital payment market size is expected to grow from $89.1 billion in 2021 to $180.4 billion by 2026. As the shift toward digital payments accelerates, it’s critical that retailers look to the future of digital identity- not only in 2022 but beyond.
Read the full article for my top 3 digital identity predictions for the new year.
To learn about Prove’s identity solutions and how to accelerate revenue while mitigating fraud, schedule a demo today.
The modern
way of proving identity
Trusted by 2500+ leading companies to reduce fraud and improve consumer
Keep reading
Read the article: Attackers Have Industrialized the Moment of Urgency: The Hidden Cost of OTP Nobody Talks AboutDiscover the hidden costs of SMS OTPs, from fraud and failed delivery to customer abandonment, and how passkeys and persistent authentication reduce risk.
Read the article: How to Achieve More B2B Customer Growth With Prove Pre-Fill® for BusinessProve Pre-Fill® for Business provides a comprehensive solution for organizations that want to onboard businesses by delivering faster onboarding, a decrease in abandonment, and a reduction in fraud (relative to attack rate).
Read the article: Account Takeovers: The Silent Revenue KillerAccount takeover (ATO) fraud is rapidly becoming one of the biggest threats facing digital marketplaces and gig platforms. Learn how ATO attacks work, why they are accelerating, the latest fraud trends and statistics, and how continuous identity verification helps organizations prevent account takeovers while protecting revenue, customer trust, and user experience.
Trusted by 2,000+ leading companies to reduce fraud and improve consumer experiences, Prove is the world’s most accurate identity verification and authentication platform.
