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PXL Vision AG is creating a secure and user-friendly digital identity verification platform called Daego. This system aims to reduce fraud and streamline customer onboarding processes, addressing the growing concerns over digital identity theft and enhancing user trust in digital services.
Fraud due to Digital ID (Identity) thefts is a huge economical and security problem for organizations.
As a token, in 2018 American companies lost $3.4 billion in new accounts fraud.
Furthermore, Digital ID fraud undermines digital engagement as users do not trust their Digital ID security. A secured system of Digital ID Verification is mandatory to drive digital growth.
However, while Digital users demand better security, they are frustrated by the current Digital ID verification methods. 4…
PXL VISION AG
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