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Growth in Video Identification in Serbia – Over 150% Increase in 2024!

 

 

 

📈 According to data from the National Bank of Serbia (NBS), the number of distance contracts concluded using video identification has seen a remarkable growth of over 150% in 2024 compared to the previous year!

🔹 Country: Serbia
🔹 No. of contracts via video identification in 2024: 140,000+
🔹 Growth: 150%+ compared to 2023
🔹 Source: NBS

This trend clearly reflects the growing confidence and reliance of end users on digital channels—whether they’re opening a bank account, applying for a loan, or accessing other regulated services. Online onboarding and identity verification are no longer optional; they’ve become an expected part of the user journey.

At Blinking, we’re proud to be one of the key providers enabling this digital transformation in the financial and regulated sectors. Our Blinking Identify solution for video identification and digital onboarding helps banks, fintechs, telecoms, and insurance providers ensure secure, compliant, and seamless customer onboarding—all 100% remotely.

🌍 The rapid adoption of remote identity verification proves that users are seeking convenience without compromising on security. And for businesses, this is a signal to act fast—those who embrace digital now are the ones who will stay ahead.

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