Agreements like employment contracts to cross-border trade documents are now overwhelmingly digital. They move faster, carry more complexity, and involve more parties than ever. But the systems used to verify the people signing them have not kept pace. In too many markets, identity verification still relies on disconnected private providers, outdated government portals and manual checks that slow everything down.
Identity fraud now costs the average business $9 million a year. Nearly seven in 10 organisations globally report rising fraud attempts over the past two years. Yet across Asia, organisations still face a fragmented landscape when it comes to verifying who is on the other side of a digital transaction.
This is not just a cybersecurity hurdle, it is a business problem. One that slows down deals, increases risks and creates friction at every step of the agreement process.
