Identity-related fraud exposure and losses continue to grow, and the underlying schemes have elevated in complexity. Because it’s more difficult to perpetrate “card present” fraud post chip-and-signature rollout here in the United States, bad guys are more motivated, and getting better at identity theft and synthetic identity attacks.
According to Experian’s 2019 Global Identity and Fraud Report, consumers are willing to give more data for a perceived value - security and convenience.
In this paper, we take a brief look back at where fraud prevention started and explore the evolution our industry must embrace to balance business growth with consumer safety and security.
Don't get blind sided - Gain insight in establishing an identity management strategy that will adapt to new challenges, authenticating users, mitigating risk, adhering to regulatory constraints without impeding the user experience, and more.
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