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UK consumers prefer that banks use biometric data to confirm their identities<!-- wp:html --><p><strong>Key stat:</strong> UK shoppers are demonstrating more awareness of and understanding around identity checks while shopping online this year, as last year they suffered from £15.3 million ($18 million) in losses due to identity fraud during the 2021 holiday season.</p> <p>The data comes from FICO's <a href="https://www.fico.com/es/latest-thinking/ebook/consumer-survey-2022-fraud-identity-and-digital-banking-uk" target="_blank" rel="noopener">Fraud, Identity, and Digital Banking Consumer Survey</a>, which polled 1,000 UK adults in August 2022.</p> <p><strong>Additional findings: </strong>The survey asked UK consumers about their experiences with identity checks, and why they think identity checks are important.</p> <div class="read-original">Read the original article on <a href="https://www.businessinsider.com/identity-checks-in-the-uk-rising-2022-12">Business Insider</a></div><!-- /wp:html -->

Key stat: UK shoppers are demonstrating more awareness of and understanding around identity checks while shopping online this year, as last year they suffered from £15.3 million ($18 million) in losses due to identity fraud during the 2021 holiday season.

The data comes from FICO’s Fraud, Identity, and Digital Banking Consumer Survey, which polled 1,000 UK adults in August 2022.

Additional findings: The survey asked UK consumers about their experiences with identity checks, and why they think identity checks are important.

Read the original article on Business Insider

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