The payment industry was completely disrupted during 2020 due to the COVID-19 pandemic which accelerated a change that was expected to take many years. Contactless payments are now the norm and cash is no longer the go to option. This presents a lot of risk for merchants because they need to verify that the person behind each transaction is a legitimate customer.
Device intelligence helps businesses fight fraud by enabling them to assess and mitigate risk in real-time and enhance authentication across all digital channels and devices. As an added bonus, they can do it without angering loyal customers and compromising user experience. Read the full story for more information.