Prove Fraud & Cybercrime Executive Advisor Mary Ann Miller on FraudToday | New Fraud on the Block Causes Bank Losses to Rise

I recently spoke with Suparna Goswami of FraudToday about the concerning increase in account opening fraud. Read the full story here to learn why this fraud vector has increased a staggering 109% in the last year alone and what banks can do to protect their bottom line moving forward.
Read the full story here.
To learn about Prove’s identity solutions and how to accelerate revenue while mitigating fraud, schedule a demo today.

Keep reading
Read the article: The Death of the OTP: Why Legacy MFA is Failing the Modern ConsumerDiscover why legacy MFA is failing and how Prove Unified Authentication provides a smarter, frictionless alternative. Learn how to replace insecure SMS OTPs with continuous, multi-layered identity assurance that prevents fraud while boosting conversion rates.
Read the article: Prove Launches ProveX℠, the Internet’s First Digital Trust ExchangeProve launches ProveX, ProveX, a new digital trust exchange that enables enterprises to instantly access verified data and credentials from partners, while preserving trust through every interaction
Read the article: Beyond the OTP: Why SMS-Based 2FA Is Failing and What Comes NextExplore the classic conflict between security measures and user friction.
