
Beyond Traditional Authentication Challenges
Why Current Verification Methods Fall Short
Current Pain Points in Verification:
- Manual Processes: Staff making verification calls is resource-intensive and error-prone
- High Abandonment: Users drop off during lengthy verification processes
- Security Gaps: Single-factor authentication leaves vulnerabilities
- Inconsistent Experience: Different channels create confusing user journeys
- Operational Costs: Verification call centers require significant staffing
The Cost of Inaction: Organizations without robust MFA face increased fraud rates, compliance violations, and customer dissatisfaction. Recent studies show account takeovers increased 90% year-over-year, with each breach costing an average of $4.45 million in 2023.