- “Incode allows financial institutions to effectively capture customer data from their ID, verify identity documents, authenticate facial biometrics and identify any potential security risks up to 5 times faster than traditional onboarding processes.
- ‘Instead of going to the bank and going through the long process of proving who you are, it’s going to be a 30-second experience,’ says Amper. ‘You go through onboarding once, authenticate with a selfie and provide consent, you’re going to be able to open a bank account in 30 seconds.’
- So far, Incode has achieved a 40 per cent increase in conversion rates and a 20 per cent improvement in registration abandonment.”
https://www.euronews.com/next/amp/2022/09/23/introducing-the-future-of-digital-identity