Financial institutions (FIs) are working during the pandemic to provide speedy digital services while fighting off the rise in fraud attempts.

After some three months of keeping consumers at home, governments around the world are beginning to let people publicly mix again — albeit in a modified fashion that involves wearing masks, keeping socially distant and limiting crowded indoor locations. The big question is how to make sure infection rates and hospitalizations don’t skyrocket.

The shift toward eCommerce means that card not present transactions are rising — which means authentication and verification must fully enter the digital realm.