The Future of Global Identity Verification
With incidents of identity fraud becoming ever more commonplace, organisations around the world are looking for new ways to verify and authenticate their customers’ identities. Identity verification (IDV) and authentication solutions provide this crucial layer of security. With greater insight into how leading organisations deploy these solutions and awareness of the most vulnerable areas of the customer journey, businesses can better protect themselves from increasing risks.
Key Takeaways
- ✓ Identity fraud incidents are on the rise, costing organisations time, money and employee resources
- ✓ Identity fraud takes place throughout the customer journey, but it most often occurs when customers log in and authorise a payment
- ✓ IDV is not only a powerful line of defence for organisations in preventing identity fraud but can also result in a competitive advantage
- ✓ Most organisations see technology as the solution to solving or mitigating customer fraud
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