Shufti Advocates Docless Verification for Future Identity Systems in Europe
A whitepaper from Shufti highlights the potential of docless verification as a bridge to a fully digitized identity verification system in Europe. The paper identifies three key factors reshaping digital onboarding: customer demand for frictionless experiences, regulatory shifts towards digital identity, and the need for robust identity verification tools to combat AI-assisted fraud. Docless verification combines authoritative data source identity verification, government-backed eIDs, biometric assurance, and e-signatures. This approach aims to reduce onboarding friction and support Europe's expanding digital identity ecosystem. The paper also discusses the financial impact of verification friction, noting that businesses could lose significant revenue due to customer abandonment during onboarding.