Insurance industry

There are so many areas where Identyum can be used in the insurance industry. For example, one of the challenges is how to check the credibility of a customer’s bank account when a claim should be collected. In addition to fast and frictionless online digital onboarding and identification, Identity platform can also provide reliable bank account verification by using penny transfer, customer bank’s PSD2 API or Direct interface. Or – for example – by collecting transactional history (with customer’s consent) and transaction categorization, Identyum platform can help insurance companies to accurately assess potential customer risk factors.