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Stepping up Authentication

Published: August 9, 2018 by Guest Contributor

Identity-related fraud exposure and losses are increasing, and the underlying schemes are becoming more complex. To make better decisions on the need for step-up authentication in this dynamic environment, you should take a layered approach to the services you need. Some of these services include:

  • Identity verification and reverification checks for ongoing reaffirmation of your customer identity data quality and accuracy.
  • Targeted identity risk scores and underlying attributes designed to isolate identity theft, first-party fraud and synthetic identity.
  • Layered, passive or more active authentication, such as document verification, biometrics, knowledge-based authentication and alternate data sources.

Bad guys are more motivated, and they’re getting better at identity theft and synthetic identity attacks. Fraud prevention needs to advance as well. Future-proof your investments.

More fraud prevention strategies to consider>

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