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Veratad Article on Multi-Layered Security for Financial Institutions Featured in Biometric Update
Banks and financial institutions are facing pressure to get on board with the rapidly changing world of digital financial services ― and to do it right. Fraud attacks are getting more sophisticated and more consumers want convenient, secure authentication and verification options to keep their data safe.
To address these issues while simplifying digital onboarding and transactions, maintaining customer trust and preventing fraud, financial institutions need to implement multi-layered security strategies that use several different robust forms of identity verification, explains Veratad CEO John E. Ahrens in a new Biometric Update article.
