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Because nearly every aspect of modern life has embraced digital channels, it is becoming increasingly important to have confidence in the identities of customers, partners, and employees, especially when it comes to interactions that are largely remote. According to a recent reports, identity verification and screening is essential in creating that trust.
Identity proofing is the combination of activities during an interaction that, brings an identity claim within organizational risk tolerances, such that:
"Identity proofing traditionally focuses on use cases in which an organization is interacting with someone for the first time,” the report states. “Examples include account opening, registration, application or enrollment. Emerging use cases involve high-risk events such as credential recovery."
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