Why traditional identity verification methods are no longer enough
Are You Using the Best Approach to Catch Digital Identity Fraud?
The number and size of data breaches grow each year, and with the data of hundreds of millions of consumers compromised, personally identifiable information can no longer be the cornerstone of online identity verification (IDV) methods.
The typical IDV solution is useful for satisfying mandated compliance requirements, but a hybrid IDV can help you do much more.
Read on to explore why traditional IDV solutions are failing to defeat identity fraud and with the help of a hybrid IDV, you can:
- Onboard more users
- Build a platform of trust
- Drive organic growth
- Save time and money