Phone Centric Identity
The Federal Trade Commission (FTC) received reports of a significant increase in SIM swap attacks in 2023, and Experian's 2024 scam forecast identified SIM swapping as one of the top threats, emphasizing the need for heightened awareness and preventive measures.
Identity verification systems that depend on image or audio samples for digital customer onboarding are increasingly vulnerable to deepfake attacks.
Prove’s CEO Rodger Desai was featured recently on PYMNTS TV, where he met with PYMNTS CEO Karen Webster to discuss trends and shifts in the identity verification market.
Phone-Centric Identity™, also known as Mobile Identity, Device Intelligence, or Phone Intelligence, refers to technology that leverages and analyzes mobile, telecom, and other signals for the purposes of identity verification, identity authentication, and fraud prevention.
Prove's 2023 Online Shopping and AI-Based Fraud Report sheds light on consumer attitudes towards online shopping and fraud, but interestingly also highlights a significant opportunity for retailers to potentially capture more account signups through advanced identity verification and frictionless onboarding.
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Identity theft continues to be the most common contributor to fraud globally, and it is rising since...
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