Cracking the Identity Code: The Unbreakable Link Between Identity and Payments
Fraud will never be fully eradicated, but it can be contained. Our goal should be flipping the current script: instead of scams being easy to pull off and hard to recover from, they should be hard to pull off and easier to stop in progress. By continuously verifying identity and intent – not just at login, but through the entire transaction process – financial institutions can dramatically reduce the success rate of scams.