How Axis Bank Prevents Identity Fraud With Video-Based Onboarding
PYMNTS
SEPTEMBER 24, 2020
Fraud Threats To Digital Banking. Social Security numbers. Another threat is identity fraud, in which bad actors will either steal an individual’s identity or forge a new one, and then use it to open new accounts or apply for fraudulent loans they have no intention of paying back. Identity fraud accounted for $16.9
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