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Transaction authentication measures to mitigate fraud risk in the U.S. 2016

Published by Erin Duffin, Nov 20, 2020
This statistic presents the effectiveness of leading authentication methods for fraud risk mitigation and their effectiveness, as assessed by U.S. financial institutions in 2016. At that time, 53 percent of institutions indicated that PIN authentication was very effective.

Transaction authentication measures used to mitigate fraud risk in the United States in 2016

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Release date

February 2018

Region

United States

Survey time period

July and August 2017

Number of respondents

283 respondents

Special properties

financial institutions

Method of interview

Online survey

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