Intellicheck, OneID tout banks’ unique position to cut fraud as digital ID enablers

Banks could play a significantly larger role in protecting consumers, businesses and payment systems from fraud, Intellicheck CEO Bryan Lewis and a new white paper from OneID both suggest.

In the United States, a social security number and driver’s license are often the only credentials used to validate a transaction, Lewis told PMYNTS in a recent interview.

People committing fraud are well aware of the templates for different driver’s licenses and ID documents, Lewis explains.

“Keeping ahead of the bad …

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