Identity Protection Article of the Month
There are many types of financial transactions and related identity theft and fraud cases. In such transactions, validating consumer identity and authorization for each transaction is the best way to prevent identity fraud. We can not assume that because a person holds a credit card, he or she is the rightful owner of the credit card. Therefore, each credit transaction must be properly authorized by the rightful owner of the credit card. In order to process and complete each transaction, the identity of the rightful owner must be validated before placing any value on his or her authorization. A credit card transaction authorization is only as good as the validity of the credit card owner. Read further analysis in this article.
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Thank You and Be Identity Safe,