Fraud Detection Improving with Digital ID Tech on the Rise

Fraud detection improving with digital ID tech on the rise

New data from Credas Technologies has revealed that digital identity verification is becoming more efficient and streamlined in the fight against fraud, with pass rates rising and manual intervention requirements falling significantly over the past three years. Analysis of Credas’s identity verification data covering millions of checks between 2023 and 2026 reportedly shows that pass rates have increased from 86.1% to 89.3% year-to-date in 2026.…

Digital ID checks become faster and more decisive as fraud pressures mount, data shows

New data from Credas Technologies suggests digital identity verification is becoming markedly more efficient, with higher pass rates and a sharp decline in cases requiring manual intervention. Analysis of millions of checks conducted between 2023 and 2026 shows that pass rates have climbed from 86.1pc to 89.3pc year-to-date, indicating that a growing share of users can now complete on boarding without friction. Over the same period, referral rat…