The rise of mobile banking has provided a myriad of benefits for customers, offering convenience, speed, and flexibility. However, this evolution has opened the door for malicious actors to exploit these systems for fraudulent activities.
Tag: Biometric MFA,Biometric Multi-Factor Authentication,Multi-Factor Authentication
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Synthetic Identity Fraud, Burner Phones & Drop Bank Accounts
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Synthetic Identity Fraud, Burner Phones & Drop Bank Accounts
The rise of mobile banking has provided a myriad of benefits for customers, offering convenience, speed, and flexibility. However, this evolution has opened the door for malicious actors to exploit these systems for fraudulent activities.
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3 Reasons to Use Face Biometrics For Multi-Factor Authentication (MFA)
Malicious actors are circumventing today’s multi-factor authentication (MFA) methods. While helpful, two-factor authentication (2FA) using one time codes, security questions, and authenticator apps have limitations and are subject to compromise.