Categories of Fraud (Infographic)

When it comes to fraud prevention, in-store purchases offer the best protection for consumers, as the presence of employees and physical goods can be verified. In addition, wet signatures are also a reliable way to protect a company’s assets. However, since the global health crisis forced companies to make their transactions more convenient and affordable, they’ve begun to implement online transactions, which increased the likelihood of fraud. To increase the level of security and protect consumers, companies should integrate e-signature solutions to enhance their security. By using FIDO2 passwordless authentication, LoginID offers highly secure, user-friendly security with transaction confirmation and digital signature verification.