Sharing data would stop more ID fraudsters

By Liudas Kanapienis, CEO and co-founder of Ondato
Understanding Fraudsters is a 2023 report by Ondato based on an analysis of millions of ID verifications carried out for our customers in 2022. It contains an intriguing observation that could potentially transform the prevention of ID scams by known fraudsters.

Currently, according to the report, 3% of detected fraud attempts are rejected because they come from known bad actors. However, this number could be much higher with a different approach to …

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