AI valuation crash is the biggest market risk in 2026, Deutsche Bank survey finds
Making payments and conducting business today is easier than ever; thanks to the internet. The total global online payments in 2020 reached $5.44 trillion, and it is projected to grow by more than 100% to $11.29 trillion by 2026.
With the rising market for online payments, the risk of transacting with frauds or criminals comes foremost, resulting in extortion, theft, or even life threats. Online transactions can be precarious without reliable means of running background checks, especially for informal dealings with strangers. However, you can protect yourself from fraud by using ‘people search services’, like UnMask or CheckPeople, for personal and non-professional background checks. But how do these services enhance the security of online transactions? We shall find out soon, beginning with a discussion on the necessity of such services.