3 Ways to Prevent Bank Fraud with Digital Identity
3 Ways to Prevent Bank Fraud with Digital Identity
7 PagesPing Identity’s eBook explains how banks can prevent fraud through digital identity across the customer journey. It identifies three key strategies: strengthening upstream prevention through bot detection, MFA, and identity verification; reinforcing downstream protection via policy-based access control and dynamic authorization; and unifying authentication with transaction risk scoring for real-time decisioning. The Ping Identity Platform integrates AI, low-code orchestration, and over 1,800 third-party tools to detect, respond to, and prevent both ATO and APP fraud. It enables banks to secure data, reduce costs, and deliver seamless, trusted digital experiences.
