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.
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Trusted by 2000+ leading companies to reduce fraud and improve consumer experiences, Prove is the world’s most accurate identity verification and authentication platform.
