Loading...

Fraud Protection and Consumer Views

Published: August 5, 2018 by Guest Contributor

Believe it or not, 66% of consumers want to see some visible signs of security and barriers when accessing their accounts so they can be sure that a transaction is more secure. Other takeaways from our 2018 Global Fraud and Identity Report:

  • Nearly 3/4 of surveyed businesses cite fraud as growing over the past 12 months.
  • 30% of surveyed businesses are experiencing more fraud losses year-over-year.
  • While 83% of businesses believe that their fraud solutions are scalable, cost is the biggest obstacle to adopting new tactics.

There’s a delicate balance in delivering a digital experience that instills confidence while allowing for easy and convenient account access. It’s not easy to deliver both — but it is possible.

Related Posts

It’s critical for credit unions to understand the specific threats presented by life online and be prepared with a fraud detection and prevention plan

Published: April 13, 2021 by Alison Kray

Our worldwide survey explores the connection between recognition, fraud prevention and customer experience for our 2021 Global Identity and Fraud Report.

Published: April 8, 2021 by Alison Kray

The sharp uptick in fraud made it clear that banks, credit unions, and fintechs need to invest in a strategy that utilizes identity layers.

Published: March 30, 2021 by Alison Kray

Subscription title for insights blog

Description for the insights blog here

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Categories title

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

Subscription title 2

Description here
Subscribe Now

Text legacy

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source.

recent post

Learn More Image

Follow Us!