Why Real-Time Identity Verification Is the Key to Preventing Fraud in FinTech Startups
The past decade has witnessed an unprecedented growth in the FinTech sector due to the role of innovation, the need to be convenient, and the digital economy first. Digital wallets and peer-to-peer lending platforms, online trading applications and buy-now-pay-later services are all examples of startups in this category that are changing how people and money interact.