The Role of Onboarding in Your Business’ Churn Rates (and What You Can Do to Improve It)
Are you struggling with churning clients and customers? If so, you’re not alone. Every year, U.S. companies lose $136.8 billion as a result of avoidable consumer churn. And one of the biggest influences on churn rate is an awkward onboarding process. Yet providing customers with onboarding can reduce churn by 6%, so where’s the balance? […]
How Your Business Can Prevent Credit Card Fraud with ID Verification
There’s no denying the increase in the number of consumers that are turning to the internet to buy services and products. By 2021, more than 2.1 billion people worldwide will buy goods online. This dramatic surge has forced businesses to change the way they run their operations, with many choosing to digitize their processes to […]
GetID to increase its technical expertise in online fraud prevention and ID documents authenticity checks
Just before the COVID-19 ruined the routine life of the globe, the GetID team was lucky to complete the world-leading training on cybersecurity and online fraud. It gave the company an excellent opportunity to improve on the client onboarding speed and as well as on instant fraud detection online. During this uncertain and challenging time, […]
KYC provider GetID announces partnership with Onfido
GetID, an Estonian omnichannel identity verification provider, which recently entered European market, has just completed negotiations with the leader in the identity verification field. Well-known multinational giant Onfido just confirmed GetID to be the official partner. GetID solution is intended for businesses that want to speed up their customer identification checks and simplify the overall […]
