Multi-Vendor Identity Risk: A Hidden Cost? (1)
Blog post from Didit
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Businesses often assemble specialized identity-verification vendors for services such as document checks, liveness detection, AML screening, and fraud prevention, but the resulting fragmented systems can create substantial integration, operational, and security costs. Managing separate APIs, data formats, contracts, support channels, and pricing structures consumes engineering resources, while siloed data can obscure fraud signals and produce inconsistent risk decisions. Sequential checks may also lengthen onboarding times and increase customer abandonment, and sharing sensitive information across multiple providers expands potential security and compliance risks. The passage argues that unified identity platforms can address these issues through a single integration, centralized risk data, automated workflows, lower latency, and consolidated security controls. It presents Didit as an example of such a platform, offering configurable identity workflows, API and SDK integrations, in-house verification modules, and pay-as-you-go pricing.
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