Remove Account Takeovers Remove Consumer Authentication Remove Identity Theft
article thumbnail

Why Layering Is Going Out Of Fashion In Consumer Authentication

PYMNTS

The problems with identity theft and account takeover (ATO) fraud are real and seriously need to be addressed.

article thumbnail

Why Mobile Phones Are The Better Consumer Authentication Mousetrap

PYMNTS

There are all kinds of verification use cases, he said, that don’t quite need full AML/KYC compliance, and classification purposes as to whether the consumer is in good standing or not. Preventing mobile account takeovers of existing accounts, or recognizing and proactively thwarting identity theft are two of the most common.