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Industry Report

Liminal Research: The Rise of Integrated Identity Platforms

Integrated identity platforms

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Businesses using identity platforms instead of siloed point solutions see an improved user experience that leads to 6.6 times more converted customers and an 83% drop in abandonment, according to the latest research from Liminal.

 

“The emergence of Integrated Identity Platforms (IIPs) represents a significant shift in the identity verification landscape,” according to Liminal. “IIPs offer comprehensive end-to-end solutions that streamline capabilities across the consumer lifecycle, enabling businesses to combat sophisticated fraud attacks, enhance the customer experience, and simplify complicated, siloed legacy solutions.”

 

In its latest research, Liminal analyzes the total addressable market of IIPs and explores the customer benefits.

 

Key IIP Research Takeaways:

  • An explanation of the components in a true identity platform and how their interaction enhances the customer life cycle
  • An analysis of the key factors driving IIP growth and adoption and why teams are switching to them
  • A view of anticipated changes in the industry landscape and how teams can adapt
  • An examination of business complexity use cases driving demand and the return on investment teams can realize from platform adoption

The World’s Identity Platform

01

Optimize the Cost of Onboarding the Right Users

Rise to market challenges and create a holistic view of identity by layering verification technologies. Our nuanced insight empowers organizations to optimize the cost of onboarding the right customers, improve the user experience and manage risk.

02

Go Beyond Orchestration

The Trulioo platform goes beyond orchestration by offering a workflow builder and built-in verification capabilities that together help businesses meet their KYB, KYC and AML needs.

03

Global Experience and Expertise
Leading brands trust Trulioo. Our global experience has given us the breadth and depth of market knowledge to provide country-specific onboarding workflows tailored to meet budget, growth and risk objectives.

There are real cost savings for buyers to simplify their legacy systems while converting more good customers. Consumers stand to benefit from more streamlined, secure digital interactions for an overall better customer experience. Many institutional investors are driving the market toward IIP with their investments and acquisitions, and we expect to see these solutions begin to emerge in the market.”

— Will Charnley, Managing Director, Liminal

Trusted Across Industries

195+ Countries Covered 13,000+ Verifiable Identity Documents 700M Verifiable Business Entities 450+ Global Data Sources

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