On the 17th of November 2020 TMT ID brought together a roundtable of leading experts in mobile identity, mobile fraud and fintech to discuss the rise in mobile fraud and what could be done to tackle it. This Whitepaper is produced using the comments of all the participants and their thoughts on the central question ‘How fintechs can tackle mobile fraud during COVID-19 and beyond?’
KYC is most often used in financial services, and it has been around since 1882. We will highlight the benefits of mobile numbers and mobile device intelligence to use for verification purposes. In our latest ebook, we will be discussing the variety of industry tools available for businesses, how they work, and why they are important for the future of fintech.
By leveraging mobile numbers, businesses and platforms can enhance the security of their authentication processes and provide users with a safer and more streamlined experience when using their business applications online.
ATO fraud grew over 650% in 2020. While some of this could be chalked down to newly digital users and something of a pandemic “fog of war”, 2021 may not be much better since fraudsters may be more focused on business as usual now that COVID19 related schemes are drying up.
A multi-generational shift towards mobile banking has altered the data that banks can use to understand a customers’ credit risk. In this new report, in partnership with One World Identity, we explore alternative credit’s potential and how banking could benefit from moving past the standard financial identity system.
Does something in your business not quite feel right? Are you struggling to get to the bottom of an unexplained uptick in operational costs? Or perhaps your customers are reporting awkward and overcomplicated journeys, leading to higher abandonment rates than competitors.
Fraud rocketed during the pandemic. With Covid-19 accelerating the trend for online shopping and banking, fraudsters were poised to scam consumers. Amid this backdrop of soaring fraud – and with a view to providing valuable insights for businesses who are fighting the challenges of fraud – we conducted independent research, asking consumers how fraud is affecting trust in financial services providers and what action they would like to see being taken.
Writing code is never just about functionality. As a developer you not only have to ensure that code is functioning correctly, but that it is secure whilst minimising user friction. Strategising for this is a task in and of itself, with so much at stake, how do you know which choice is the right one?
