Fintech Magazine August 2026 | Page 95

Identity Sectoral Analysis Report 2026 shows that 90 % of digital identity providers now serve the financial services sector, overwhelmingly making it the largest market for digital identity solutions. Document verification, identity management and biometric technologies are among the most widely deployed services, reflecting the industry’ s growing investment in secure customer onboarding and fraud prevention.
Further from being a matter of necessary compliance, advanced digital identity solutions are also
Experian says that

55 %

of today’ s consumers see security as the most important part of their online experience
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