What’s driving the financial sector’s pursuit of moresophisticated identity verification solutions? This new report examines the challenges facing financial institutions when it comes to customer identity verification and the business case for smart, robust identity verification platforms.
WHAT WE DO
A TRUSTED CONSORTIUM NETWORK FOR FIGHTING FRAUD
Effectively fighting fraud is a group effort. IDology’s Consortium Fraud Network amplifies real-time fraud intelligence between companies and across industries, making it easier to stop fraud.
WHY WE DO IT
CONTINUES TO RISE
Over half of companies we interviewed reported that fraud attempts at their organizations have increased over last year.
More American consumers feel it’s a company’s responsibility to protect their personal information from data breaches and fraudulent use.
More American consumers want the account opening process to be secure (88%) rather than fast (62%).