Know Your Client: How to Choose an eIDV Provider
Published September 23, 2020
There has been a significant uptake of Electronic Identity Verification (or eIDV) solutions by law firms across the UK in recent years. This has been driven by the shift to remote and more efficient working practices, changing client expectations around speed and convenience, the need to keep pace with expanding regulations and firms’ desire to defend themselves against increasingly sophisticated fraudsters and money launderers.
As eIDV providers respond to this increased demand and more enter the UK market, it may seem daunting trying to choose the right eIDV provider for your firm. With every firm’s needs differing, and eIDV providers offering similar services, making the right choice can be challenging.
Read this guide to learn:
- What is eIDV?
- Why should you consider it?
- The key questions to ask when choosing a provider
Want to learn more about eIDV and how it can benefit your firm? We’ve put together a helpful guide here.