Digipay Guru

  Digital money is changing quickly, so it's important that transactions are safe and quick. As digital wallets become more popular, businesses need to put in place strong security measures to protect users' identities and money. Automated identity verification is a key answer. This technology is better than older ones when it comes to protection, onboarding, and following the rules.  In this article, you’ll get to know everything about why your business need an automated identity verification. What is Automated Identity Verification? In the field of automatic identity verification, the use of source technologies such as AI, biometrics, and ML to ensure a person’s identity can be very fast and efficient. Automated systems look at digital data in real time instead of checking documents by hand. This technology is needed for digital wallets to make customer setup safe, quick, and legal. Using facial recognition, fingerprint scanning, and document verification, automated identi...

  The conventional banking sector has always been confronted with the problem of slow adaptation, outdated systems, and a shortage of innovation. Nevertheless, the entry of financial technology, or fintech, has brought along a string of smart solutions that are radically transforming the industry. The impact of fintech on banks is ground-breaking. It solves the major problems and offers better customer experiences.Nowadays, customers are looking for seamless, easy, and customized services.  The former banking methods usually find it hard to fulfill these new demands of the customers. Fintech solutions come to the rescue and through the usage of the latest technologies they provide the means to simplify operations, increase security, and give the customers a better experience. In this article, you will learn about how smart fintech solutions are revolutionizing the banking sector. Let’s begin, solution by solution. Digital banking and mobile apps Picture your finances being c...

  As a business offering digital wallet payments to your customers, employing digital wallet security is very important. Reason? You don’t want your customers to opt for your competitor's digital wallet. Plus, your customers want digital wallet security and feel peace of mind while making payments through your wallet.  A digital wallet software can help you offer everything your customers need. With its advanced security features, digital wallet software makes your business the leader and your customers the fans of your business. They will trust you and stay loyal to you.  In this article, we will explore the top 7 digital wallet security features that can make your business the ultimate digital wallet security provider and the best in business.  Let’s begin, feature by feature!  Feature 1: Biometric authentication Biometric authentication adds an extra & impenetrable security layer to your wallet by using facial features and fingerprint to verify the user....