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Revision as of 14:52, 11 December 2024

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Financial services saw a rise of 42% in effective fraud efforts and loaning companies reported a 38% increase.2 This is an essential sign that fraud is becoming increasingly difficult to spot and stop in these sections, as extra sophisticated defrauders are getting through fraud discovery checkpoints.

Utilizing Prove Identity Manager and Identification Verify to passively verify their consumers got rid of the need for Bookmarks knowledge-based authentication questions and led to a structured general customer experience, from onboarding to call center handling.

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