Nuance biometrics technology saved customers $1B in fraud costs last year

Nuance biometrics technology saved customers $1B in fraud costs last year

The biometrics-based Nuance Security Suite has saved organizations more than $1 billion in total fraud costs in 2018 while enabling frictionless customer identity validation, according to a company announcement.

With account takeover (ATOs) tripling over the past year to cause $5.1 billion in losses, according to Javelin Strategy & Research, and a CFCA report…read more