Hello Soda at The Summit 2019

The Summit 2019: Round Up

It’s been almost a week since we landed back in Austin following The Payments Canada Summit 2019 in Toronto, and we had an incredible time!

We had the opportunity to speak to some fantastic Canadian payments businesses to showcase our brand new identity verification solutions and, with our interactive demos, allow them to see in real-time how our solutions can enhance their processes.

What did we take away from the event? Take a look below.

BioMatch by Hello Soda

How Biometric Validation Helps the Banking Sector

With the advances and changes within mobile technology, businesses are looking to alternative validation options to ensure more secure processes are in place for their consumers.   

The rise in identity fraud has increased 160% in the last 20 years, which seems an absurd increase, but with the risks of online fraud this doesn’t seem to be slowing down. It was shown that last year, 8 out of 10 identity theft cases took place online.

Innovation for Traditional Markets

Why Innovation for Traditional Markets is Key

Identity theft has become one of the largest issues and the biggest growing threat to ‘traditional markets’ such as payday lenders in recent years. With the increase growing significantly since lenders have began to primarily operate online – can innovation change this?  

The rise in identity fraud has increased 160% in the last 20 years, which seems an absurd increase, but with the risks of online fraud this doesn’t seem to be slowing down. It was shown that last year, 8 out of 10 identity theft cases took place online.

Hello Soda - KYC & AML Checks

Why traditional validation isn’t the only approach you should consider

Do traditional validation and verification checks do the job these days? At Hello Soda, we’re strong believers in looking to alternative data verification solutions, but why?

Ensuring that businesses have secure and reliable identity verification processes in place has always been a top priority for businesses, but with the abundance of digital data now available, do businesses truly have to rely solely on traditional checks?

Online Payment

Maximising Online Revenue by Reducing Fraud

With the changes in the digital world that are taking place every day, inevitably comes the increased risk of online fraud from occurring. Can this be prevented, and how?

It is becoming apparent that fraud losses within the financial services industry are increasing year on year, with unauthorised financial fraud increased by 16% from 2017 to 2018, totalling losses of a staggering £844.8 million.