Digital identity verification market set to surpass $17B by 2026, providers partner up

The number of digital identity verification checks conducted globally on an annual basis will more than triple from 1.1 billion in 2021 to 3.8 billion in 2026 according to a new report from Goode Intelligence, bringing in $17.2 billion for identity verification vendors and service providers. A number of fintech firms have renewed their know your customer (KYC)-focused efforts to grow their share of the lucrative market.

Read more on the Biometric Update website

Leave a Reply