This statistic presents the effectiveness of leading authentication methods for fraud risk mitigation and their effectiveness, as assessed by U.S. financial institutions in 2016. At that time, 53 percent of institutions indicated that PIN authentication was very effective.
Transaction authentication measures used to mitigate fraud risk in the United States in 2016
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Federal Reserve. (February 8, 2018). Transaction authentication measures used to mitigate fraud risk in the United States in 2016 [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/942519/transaction-authentication-measures-to-mitigate-fraud-risk-usa/
Federal Reserve. "Transaction authentication measures used to mitigate fraud risk in the United States in 2016." Chart. February 8, 2018. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/942519/transaction-authentication-measures-to-mitigate-fraud-risk-usa/
Federal Reserve. (2018). Transaction authentication measures used to mitigate fraud risk in the United States in 2016. Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/942519/transaction-authentication-measures-to-mitigate-fraud-risk-usa/
Federal Reserve. "Transaction Authentication Measures Used to Mitigate Fraud Risk in The United States in 2016." Statista, Statista Inc., 8 Feb 2018, https://www.statista.com/statistics/942519/transaction-authentication-measures-to-mitigate-fraud-risk-usa/
Federal Reserve, Transaction authentication measures used to mitigate fraud risk in the United States in 2016 Statista, https://www.statista.com/statistics/942519/transaction-authentication-measures-to-mitigate-fraud-risk-usa/ (last visited November 24, 2024)
Transaction authentication measures used to mitigate fraud risk in the United States in 2016 [Graph], Federal Reserve, February 8, 2018. [Online]. Available: https://www.statista.com/statistics/942519/transaction-authentication-measures-to-mitigate-fraud-risk-usa/
