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The current identity fraud landscape can best be described as a perfect storm for criminals.
With a global pandemic in 2020 driving consumers and businesses online, and a hockey stick growth curve for digital transactions, fraudsters had an abundance of opportunities to practice their trade.
Unlike traditional, user-centric approaches to identity management such as passwords, mobile devices can provide multiple signals such as behavioral biometrics, device intelligence, and push authentication. Layering of these multiple capabilities provides robust identity management that meets today’s consumer expectations for seamless, low friction experiences.
