By the looks of it, 2022 is, unfortunately, going to be another banner year for fraudsters. In a recent FrankonFraud article, I joined Frank McKenna to make 10 fraud predictions for the new year ranging from how the rise of buy now pay later (BNPL) options is accelerating a spike in trojan horse schemes to why inflation and supply-chain shortages will help fraudsters steal hundreds of thousands of dollars a day. Fortunately, it’s not all doom and gloom. I also offered some much-needed hope for all of the fraud fighters out there: “As fraud fighters, we’re lucky. We get to do jobs that help our companies, but we also get to help the world. I think it’s those dual roles that make our profession unique but also one that draws us all together. When work gets hard, just remember who you are really fighting for – the victims. That will drive you to always work harder. I know it does for me.”
Read the full article here.
To learn about Prove’s identity solutions and how to accelerate revenue while mitigating fraud, schedule a demo today.
Keep reading
Prove Identity has launched a free Developer Portal for engineers to test out the Prove Pre-Fill® solution, which streamlines the customer onboarding process while preventing fraud.
PYMNTS interviewed Prove CMO Brad Rosenfeld for the most recent episode of, “What’s Next in Payments,”
Miller was the featured guest on InfoRisk Today, where she explained some of these rising threats and the corresponding need for better, more rigorous identity verification strategies.
