TRUSTED IDENTITIES:A New Paradigm for Fighting Friendly Fraud
As if merchants aren’t already concerned about fraud, they’re finding themselves increasingly targeted by their own customers—so-called friendly fraudsters. Based on current data, friendly fraud is rising in spite of sophisticated prevention strategies and tactics. A key reason is because current identity verification tools are based on incomplete and disconnected information. Here, you’ll learn the characteristics of a trusted identity
and how trusted identities offer new hope for uncovering deceptive claims and recouping losses from friendly fraud.