IDnow(www.idnow.io), a leading provider of Identity Verification-as-a-Service solutions with more than 250 customers, publishes statistics on the changed customer habits since Europe has experienced restrictions on everyday life due to the coronavirus (COVID-19).
As part of the Corona Pandemic, many service providers have experienced significant changes in customer demand and behaviour. As a provider of an Identity Verification-as-a-Service platform, IDnow has too seen these changes.
Since the end of February, IDnow has recorded a 26.8% increase in the total demand volume. In addition, the provider of digital verification solutions also notices special changes in the usage times. Before the corona restrictions were put in place, the highest volume of verification requests were usually seen between the hours of 17:00 and 18:00. This peak time has shifted significantly in recent weeks, with the most popular time now being in the middle of what was a usual working day, between 14:00 and 15:00. You can also see a shift from weekends to weekdays.
Besides the change in usage times, IDnow also sees a rise in volume from certain industries. For example, there has been a strong increase in requests for loans and platforms for digital currencies.
You can find the complete infographics here: https://www.idnow.io/l/how-corona-changes-customer-behavior/
Form3 and Barclays has announced that it has enabled access to the SEPA Instant payment scheme for FinTechs, with Ebury as the launch client.
Form3, the leading cloud-native, payment technology provider, and Barclays, a leading provider of financial services to regulated payment institutions, have announced a combined directly connected access solution to the SEPA Instant payment scheme with Ebury as launch...
Zeeco, a New Zealand fintech, teamed up with Salt Edge, a leader in offering open banking solutions, to access users’ bank data and automate eco-contributions. With raising awareness on the environmental problems in the world, more and more industries turn to...
Singapore FinTech Festival 2019 summary of activities from the Fintech Power 50: Singapore FinTech Festival 2019 has proved another resounding success. Inaugural SFF x SWITCH sees over 60,000 participants from 140 countries; event to return on 9-13 November 2020....