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Share this article Share this article Verifying Identity and Determining Transaction Origination are Common Challenges Across Australia, Hong Kong, Japan and India HONG KONG, July 6, 2021 /PRNewswire/ -- LexisNexis® Risk Solutions today released its 2021 True Cost of Fraud™ APAC Study covering the retail, ecommerce, financial services and lending sectors for Australia, Hong Kong, India and Japan. The study provides a snapshot of fraud trends in the Asia Pacific (APAC) region during the pandemic and spotlights key pain points for firms in relation to navigating new payment mechanisms, tran...
Verifying Identity and Determining Transaction Origination are Common Challenges Across Australia, Hong Kong, Japan and India GUEST RESEARCH: LexisNexis® Risk Solutions today released its 2021 True Cost of Fraud™ APAC Study covering the retail, ecommerce, financial services and lending sectors for Australia, Hong Kong, India and Japan. The study provides a snapshot of fraud trends in the Asia Pacific (APAC) region during the pandemic and spotlights key pain points for firms in relation to navigating new payment mechanisms, transacting through online and mobile channels and expanding inte...
It yet. >> the challenge is this. >> let's just say we'll talk about verifying identity. identity has a number of different components. it's greg with two gs and greg with one g. that can be fixed with a type of algorithms and we can fix that two gs is one g or we think -- >> there's an element of risk in that. next you have to go for a dissimilarity. how is it that greg allen phillips is greg phillips. but even though it can be resolved it's another element. >> i get it. >> even if you ended up with say a risk factor or a false negative or false positive, proportion of say 1%, you're still lo...
>> we'll release our methodology, raw data and conclusions to the public. >> when? >> as soon as we get done with the checks. >> so you're not done checking it yet. >> the challenge is this, say we're talking about verifying identity. identity has a number of different components. somebody might mistype a name, it's greg with two gs, greg with one g. >> nbc news senior political editor mark murray joins me to fact check all of this. vote stand is an app? >> more about greg philips, he founded a business analytics firm and partnered with this organization that has actually been trying to find o...