The PATRIOT Act ushered in the modern effort to verify identity, both online and in-person, reshaping the fight against fraud. In partnership with Trulioo, we explore the evolution of fraud prevention by identifying major customer concerns, and outlining how companies are building their digital identity infrastructure.
Through the conversations that took place at the Roundtable, OWI discovered that challenges in identity verification in the marketplace are driven by the scarcity of regulation, limited understanding from consumers about sharing data and privacy, and the overarching impact of the COVID-19 pandemic on digital transformation and adoption.
From the event’s discussions, three important themes emerged: