The Digital Customer Experience is Reliant upon Instilling a Sense of Security
Do customer expectations around the digital experience differ based on the type of request or transaction they are performing, such as basic banking, applying for a new account or loan, checking their...
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Best Practices for Fighting Synthetic Identity Fraud
Synthetic identity fraud is a well-organized activity of fraud rings looking for ways to create and then nurture fake identities over a long period of time. Fraudsters can build a synthetic identity by...
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Are We Really at Full Employment?
The idiomatic phrase that enters in so often in economic discussions is that we are at full employment because the unemployment rate is low. While it’s true that we are at an unemployment rate that is...
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When It Comes to Digital Identity, the Sum is Greater than its Parts. Three...
Three Key Ingredients for Comprehensive Digital Identity Every day, consumers perform tasks using digital devices. Scheduling dinner with friends. Ordering birthday gifts. Checking bank balances. And,...
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Synthetic ID Fraud: Understand It, So You Can Stop It
Communications, Energy, Digital Media Providers Face New Challenges Online and mobile-based platforms are changing how fraudsters operate. These faceless channels have enabled them to move past simple...
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Digital Identity Packs a One-Two Punch (of Benefits) for Digital Consumers.
While brick-and-mortar locations will never fully disappear, consumers continue to make their smartphones the channel of choice for shopping and banking. Research shows that 60% of online store traffic...
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Is This New Type of Fraud Costing You Millions?
Much of the identity fraud we hear about is based on completely fictional, made-up identities. Synthetic ID fraud is different. It’s when a fraudster pieces together bits and pieces of real...
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What is A Federated Digital Identity?
A federated identity is the result of linking a consumer’s digital identity and the attributes, which are stored across multiple, unrelated identity management systems. This digital identity can help...
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How Businesses Balance Convenience and Digital Security
First, the good news: digital commerce is living up to its promise. Consider these numbers: 52% of all e-commerce traffic globally is from a mobile device[1] While 31% of orders are placed on mobile...
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Signs Point to Income Verification as Key Fraud Mitigation Tool for the...
Situation Home Capital Group, a Canadian holding company based in Toronto, cut ties with dozens of brokers for falsifying income documentation related to nearly $1 billion worth of single-family...
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