46% of respondents reported that up to 75% of banking identity verification processes are currently automated.

38% of banks expect their identity verification budgets to grow by 21-50% in the coming years.

More than half (53%) of business leaders globally ranked identity verification in their top three technologies for preventing fraud.

56% of Filipino business leaders ranked identity verification as the most effective technology for preventing fraud.

49% of Canadians reported experiencing more frequent identity verification checks while logging into bank accounts.

49% of Canadians reported experiencing more frequent identity verification checks during online purchases.

15% of Canadians have reduced or stopped using their checking accounts due to the difficulty of identity checks.

17% of Canadians have reduced or stopped using credit cards due to the difficulty of identity checks, which is slightly higher than in 2023.

Nearly 20% of Canadians will abandon a checking account if identity checks are too difficult or time-consuming.

There are nearly twice as many identity verification users aged 60–64 as there are aged 20–24, suggesting older adults are both highly targeted and proactive in self-protection.

In 2025, 74% of global consumers said they would willingly spend more time on identity verification when accessing travel and hospitality-related platforms if it improved their security. This is up from 71% in 2024.

Global willingness to spend time verifying identity on sharing economy platforms was 70% in 2025, which is only slightly down from 71% in 2024.

Synthetic identity document fraud rose by 195% between Q1 2024 and Q1 2025.

Legitimate players typically register around 6 p.m. in the iGaming industry.

Latin America (LATAM) saw the steepest fraud rise in the iGaming industry, with a 31.8% increase, from 0.88% in 2024 to 1.16% in 2025.

Africa recorded the biggest drop in fraud rates in the iGaming industry, with a 14.7% decrease, from 2.99% in 2024 to 2.55% in 2025.

Reusable KYC solutions have helped slash return-user verification time by half in the iGaming industry.

83% of iGaming operators have experienced fraud in the past year.

Europe saw a 5.1% increase in fraud rates in the iGaming industry, from 1.18% in 2024 to 1.24% in 2025.

iGaming operators cited the top threats as: Identity fraud: 64.8%, Money laundering: 64.8%, Bonus abuse: 63.8%, Payments fraud: 31.4%, Account takeovers: 23.8%.