FF News Logo
Friday, October 24, 2025
PPRO_Almanac_Fintech-Finance-News

IDnow notices changes in customer behaviour since Coronavirus (COVID-19) restrictions

IDnow, a leading provider of Identity Verification-as-a-Service solutions with more than 250 customers, publishes statistics on the changed customer habits since Europe has experienced restrictions on everyday life due to the coronavirus (COVID-19).

As part of the Corona Pandemic, many service providers have experienced significant changes in customer demand and behaviour. As a provider of an Identity Verification-as-a-Service platform, IDnow has too seen these changes.

Since the end of February, IDnow has recorded a 26.8% increase in the total demand volume. In addition, the provider of digital verification solutions also notices special changes in the usage times. Before the corona restrictions were put in place, the highest volume of verification requests were usually seen between the hours of 17:00 and 18:00. This peak time has shifted significantly in recent weeks, with the most popular time now being in the middle of what was a usual working day, between 14:00 and 15:00. You can also see a shift from weekends to weekdays.

Besides the change in usage times, IDnow also sees a rise in volume from certain industries. For example, there has been a strong increase in requests for loans and platforms for digital currencies.

  1. FF Tattoo Studio: Fenergo on Native ID&V and the Fight Against FinCrime Read more
  2. Generative AI in Banking: From POCs to Front-Office Impact Read more
  3. EXCLUSIVE: “Chain Reaction” – Sergey Nazarov and Fernando Vazquez, Chainlink in ‘The Paytech Magazine’ Read more
  4. FF Tattoo Studio: Datavillage on Privacy-First Data Collaboration and Faster Fraud Investigations Read more
  5. Chancellor Unveils Plans to “Supercharge” Growth of Innovative Financial Services Firms Read more
SFF25 x FFnews
More On