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How to Mitigate Familiar Fraud in Remote Onboarding
Various enterprises have adopted digital onboarding processes to streamline operations and keep up with the changing landscape of industry practices, technology, and consumer preferences. Remote onboarding harnesses digital platforms so organizations can…
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authID Joins Fast Identity Online Alliance, a Consumer Protection-Focused Coalition
authID joins Fast Identity Online Alliance, a consumer protection-focused coalition
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Identity Verification and Identity Document Authentication
Identity assurance is vital for financial institutions as well as other businesses to determine if they are transacting with legitimate customers and part of due diligence for regulatory compliance. Fraud, identity theft,…
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Transforming Identity Verification in Healthcare
While the shift to a digital world has impacted many industries, the healthcare sector has often lagged behind in that transformation. This is now changing. The current pandemic has triggered a rapid…
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Why Upgrade to Multi-Factor Authentication
Passwords have long been the most used authentication key across digital platforms, including bank accounts, healthcare portals, education portals, and social media sites. This singular credential, however, cannot verify if the person…
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Top 5 Jumio Alternatives
Jumio was an early mover with online identity verification services. With a mobile device and a selfie, their system can check the person’s facial similarity to the ID’s photo, and certify active liveness…
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Facial Biometrics Enhance Enterprise Security and Productivity, While Providing Consistent Omni-Channel Identity Authentication
Every enterprise and their customer support agents need to ensure they are interacting with the rightful account owner. Conventional authentication methods often provide weak security and can cause significant customer inconvenience and…
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Biometric Multi-Factor Authentication for Mobile Banking/Money Apps – Why is it Important?
Performing payments, money transfers, and other financial transactions have become more convenient through mobile devices from both banking providers and other fin-tech companies. With this increased use of digital banking, mobile money…
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Protecting Account Takeover at Social Media Platforms – Is it Time for the Platforms to Embrace Strong Authentication?
Most people utilize social media for easier access to communication, information, entertainment, and e-commerce. A 2020 report from We Are Social, in partnership with Hootsuite, showed that more than 3.8 billion people are already…
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The Importance of Trusted User Identity Verification to Counter Fraud in the Financial Sector
A financial services firm’s ability to manage their clients’ funds and personal information is anchored by their integrity. They must keep up with industry trends, regulation compliance, and technological innovation to ensure…