In 2022, the FBI received 800,944 reported complaints that exceeded $10.3 billion in fraud losses for businesses’ critical infrastructure and data. Not only is technology getting faster and more sophisticated, but so are cybercriminals. Tap in to learn more about emerging fraud trends to be aware of, the types of fraud to prevent, what it … Read more
Identity fraud isn’t new, but it is constantly reinventing itself. The acceleration of digitization has also led to a dramatic increase in rates of synthetic identity fraud. Synthetic identity fraud is sophisticated, hard to track, and even harder to stop- making it a top concern for many businesses in their fight against fraud.
Financial services organizations can futureproof themselves against fraud by leveraging powerful AI. Utilizing AI to fight fraud also comes with the added benefit of a safer, more secure, and in most cases, streamlined user experience.
March is Women’s History Month, and March 8 is International Women’s Day. At AuthenticID, we’re incredibly proud of the talented women who drive our team forward, touching all parts of our operations: leadership, technology, marketing, customer success, software, administration, and more. Join us in celebrating the achievements of women everywhere, and help us raise awareness … Read more
There is no shortage of threats to your digital identity and data. Keep yourself, your business, and your loved ones safe from fraud with AuthenticID’s 12 Days of Fraud Prevention Tips.
Knowledge-based authentication or KBA is utilized extensively for authentication in many industries and applications, and if fairly easy to deploy at a nominal cost. Unfortunately, it isn’t always the optimal solution, especially as fraud techniques become more sophisticated.
Identity verification means that a business can confirm the identity of its customers. Identity Verification is a process that ensures a person is who they claim to be.