“Trust gap” is a term that has been trending since the start of the COVID pandemic – have you heard of it? It refers to the discrepancy between the percentage of customers that companies can trust and greenlight immediately in-person vs. how many they can trust online. With more and more consumers interacting online than ever before, and more fraudsters taking advantage of that surge, the trust gap is forcing companies to put more security hurdles in place, hindering the customer experience.
So how can companies close the trust gap and approve more consumers online while still mitigating fraud?
Prove’s VP of Fraud Product Management, Ryan Alexander, shared 3 things that companies should be considering to improve their identity proofing processes with InfoSecurity Magazine today.
Click here to read the full article.
Keep reading
Learn how customer due diligence (CDD) verifies onboarded customers to keep your product secure.
Learn about the new Developer Portal and how it can help developers implement identity verification.
Learn how to streamline identity verification with KYC software while maintaining a seamless user experience.
