Similar to Volume's groundbreaking One-Click check out, this unparalleled solution addresses the critical need for merchants, such as iGaming, Money Remittance, Crypto, Fintechs and other businesses, to streamline age verification and ensure the authenticity of user data in compliance with regulatory standards.

Merchants today face regulatory scrutiny in verifying user age and personal and financial data authenticity. Conventional methods result in a cumbersome sign-up process, increased abandonment rates, and heightened fraud risks. For example, according to YouGov UK, 40% of individuals initiating the online account creation process on a UK financial services or iGaming website fail to finalise their registration.

One-Click Verification stands as a transformative solution, providing a robust framework for merchants to navigate the complex landscape of user onboarding. By seamlessly tapping into the wealth of user data available through their bank app, this innovative technology revolutionises the verification process, offering multifaceted advantages for both businesses and their users. In other words, Volume uses real-time account to account (A2A) network combined with third-party identity API and public registers maybe

These are the key benefits Volume is offering:
Risk Reduction: Significantly lowers the risk of fraud for businesses and ease the sign-up process for users.

Compliance: Meets KYC needs seamlessly, ensuring adherence to local regulatory standards.
Enhanced User Experience: Accelerates the signup process, reducing abandonment rates for a superior onboarding experience.
Insightful Analytics: Offers additional visibility into user spending patterns and account balances.

In words of the Volume’s team: “Our solution leverages the data available in users' bank apps, allowing for a one-click verification process. Reusable credentials and Self-Sovereign Identity (SSI) ensure a secure and privacy-focused method of identity verification”
Volume is bringing a new product moving, their pisces and getting transformed into a multi-product company.

"Traditional KYC processes often create roadblocks for businesses and users. One-Click Verification is a game-changer, providing a secure, efficient, and compliant solution," said Krzysztof Tarnawski, CTO at Volume

The main capabilities of Volume’s One-Click Verification:
Unrivalled Security
Instant Onboarding
Compliance Assurance
Seamless Integration for Developers
Trusted Real-Time Verification

"We're excited to launch the One-Click Verification feature," said Simone Martinelli, CEO of Volume. "This solution will enable merchants to provide a more seamless and convenient verification option for their users, in complying with regulatory requirements with ease."