Digital Identity Verification Sector Spotlight — Alternative Lending

This installment of the sector spotlight series looks into identity verification trends specific to the alternative lending industry.

Fifty-seven percent of lenders cite shifting tactics used by fraudsters as the biggest challenges to fraud deterrence.

This spotlight will examine the lending market’s individual challenges around digital identity verification and outline our anticipated future outlook.

Key learnings from this spotlight include:

• The current state of identity verification in the alternative lending sector
• Best practices for enhancing security while managing friction during onboarding
• How to address the specific needs and challenges lenders face