Commerce is using increasingly sophisticated technology to fight fraud whilst also enhancing UX, reducing friction and driving conversion rates. Biometric authentication, including the use of selfies, is rapidly growing as the accuracy of AI improves KYC at onboarding, powering digital adoption. New insights are sought to help protect everyday transactions. The mobile eco-system is at the heart of this through secure, trusted, and convenient identity solutions deployed via API’s, unlocking access to key insights.
Despite this, there is a growing trend of fraudsters now deploying social engineering scams as an attack vector. This session will explore how increased collaboration between key stakeholders across the eco-system has enabled the development of innovative solutions to increase security and enhance user experience enabling digital transformation.