Authentication, Fraud Prevention, Digital Identity

What Businesses Can Do About a Trillion-Dollar Fraud Problem

Posted by Sunil Madhu on Aug 22, 2017

Data breaches happen every day. Astonishingly, over nine times the population of the United States’ data was stolen in 2016 alone. Data breaches affect not only merchants but large-scale financial institutions like banks, credit card companies and credit bureaus that store a lot of information about consumers. It now costs about $4 on average to buy someone’s stolen identity data and mere hours of trolling people’s social media exhaust to learn enough to commit fraud. Fraud costs trillions of dollars to world economies annually. For consumers whose identity data has been stolen, the impact on their lives can vary from being a nuisance to financial and emotional trauma.

Trends, Article, Authentication, Financial Inclusion

Five Ways Banks Can Tackle Millennial Skepticism

Posted by Johnny Ayers on Nov 4, 2016

 Generation Y is a key target demographic for financial institutions, but what can they do to appeal to skeptical millennials. (originally posted in TechCrunch)

PYMNTS, Article, Authentication, Financial Inclusion

The Digital Identity Tracker

Posted by Socure on Aug 11, 2016

The August edition of the Digital Identity Tracker brings with it a revised scoring and ranking model, as well as a host of updates that better focus our monthly collaboration with PYMNTS.com.

You can download it for youself from pymnts.com; this blog talks a bit more about the process and what's coming next! 

ID+, Authentication, PYMNTS

The Evolution of Authentication

Posted by Socure on Jun 8, 2016

On June 7th, 2016 Karen Webster, CEO of PYMNTS.com and Ken Allen, SVP of Operations at Socure sat down to continue their disussion on the changing landscape of identity verification. This 'Digital Disucssion' focused on the methods and frameworks for thinking about a layered approach to consumer authentication.

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