Substantial 15% growth in global digital ID verification checks over next 12 months. eCommerce merchants will increasingly turn to biometric checks.

A new study from Juniper Research found that the number of digital ID verification checks will reach 86 billion in 2025; rising from 75 billion in 2024.

This maintains the trend from the previous year, when growth reached 16%. The study cited the adoption of strong customer authentication (SCA), a regulatory framework that reduces eCommerce fraud, as a key driver to this growth.

eCommerce ID Verification – Vital for Fraud Prevention

Juniper Research predicts that eCommerce merchants will increasingly turn to biometric checks, such as facial recognition, to minimise fraud. Through this, SCA frameworks are adhered to; enabling accurate verification of new users and the effective monitoring of eCommerce transactions exceeding a set monetary value.

However, given the vast number of daily transactions, the report urges vendors to implement AI-based solutions such as liveness detection, which automate the detection of fraudulent activity. By leveraging AI, these vendors can detect emerging forms of eCommerce fraud earlier and reduce losses to fraud in the long run.

Behavioural Biometrics Central to Meeting SCA

Furthermore, the report identified behavioural biometrics as an emerging technology which will enable merchants to meet SCA requirements, without adding friction to the user experience. Behavioural biometrics compares the current behaviour of a user to the logged behaviour of the credentials’ owner, for verification.

Report author Thomas Wilson added, “The digital identity verification market is undergoing rapid evolution, and vendors must balance ever-stricter regulations and improving user experiences as they develop new services. New methods of verification must align with technological innovation of consumer hardware.”

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An extract from the new report, Global Digital ID Verification Market 2024-2029, is now available as a free download.