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FICO Survey: 1 in 20 Filipino Consumers Suspects Their Identity Was Stolen, 1 in 15 Knows It Was

FICO Survey: 1 in 20 Filipino Consumers Suspects Their Identity Was Stolen, 1 in 15 Knows It Was
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FICO Survey: 1 in 8 Malay Consumers Suspect Their Identity Was Stolen, 1 in 14 Knows It Was

Just over three-quarters (76%) of respondents recognized that
identity proofing happens for their protection. Most people are not cynical about the reasons their identity is confirmed. While a large number (55%) recognize there is an
element of regulation driving providers to carry out more checks, only 13 percent think this is done to enable
financial institutions to sell more.
A majority (59 percent) of Malay respondents did see identity proofing as a way for
banks to protect themselves, while 46 percent regard it as a tool to
prevent money laundering.
Most Malaysians are open to providing their bank with a biometric such as a facial scan, fingerprint, or voiceprint to secure their accounts. The survey revealed that once they understand why it s necessary, ....

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FICO Survey: 1 in 10 UK Consumers Thinks Their Identity Was Stolen, 1 in 25 Knows It Was

FICO Survey: 1 in 10 UK Consumers Thinks Their Identity Was Stolen, 1 in 25 Knows It Was
LONDON, April 20, 2021 /PRNewswire/
Highlights
4 percent of UK survey respondents know their identity has been stolen to open an account and a further 10 percent think it s likely
66 percent understand ID proofing happens to protect their accounts from fraud
61 percent view security checks as method for banks to protect themselves
62 percent would choose to open a bank account digitally
FICO discusses the results in two new podcasts with Iona Bain
FICO s identity proofing and digital banking survey shows identity theft is a tangible threat for people in the UK - 4 percent said they know their identity has been stolen and used by a fraudster to open an account, while a further 10 percent believe it is likely to have happened. ....

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