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What are the current trends in the industry to reduce online fraud?

April 26, 2017fraud Industry online reduce trends

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What are the current trends in the industry to reduce online fraud?

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There is a growing realisation that simple username-password sign-in protocols are insufficient against fraud. The Federal Financial Institutions Examination Council (FFIEC) has made it mandatory for US financial institutions to use ‘Strong Authentication’ for their online customers. Tricerion’s SafeEnterprise platform offers a high security, easy-to-install, low-cost, highly usable solution for institutions wishing to comply with FFIEC requirements. Similar regulatory initiatives are in process in other countries.