This statistic presents the effectiveness of leading transaction authentication methods for ACH fraud risk mitigation and their effectiveness, as assessed by U.S. financial institutions in 2016. At that time, 58 percent of institutions indicated that using an ID and Password was very effective.
Effectiveness of transaction authentication measures used by financial institutions to mitigate ACH fraud risk in the United States in 2016
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Federal Reserve. (February 8, 2018). Effectiveness of transaction authentication measures used by financial institutions to mitigate ACH fraud risk in the United States in 2016 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/942526/transaction-authentication-measures-to-mitigate-ach-fraud-risk-us/
Federal Reserve. "Effectiveness of transaction authentication measures used by financial institutions to mitigate ACH fraud risk in the United States in 2016." Chart. February 8, 2018. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/942526/transaction-authentication-measures-to-mitigate-ach-fraud-risk-us/
Federal Reserve. (2018). Effectiveness of transaction authentication measures used by financial institutions to mitigate ACH fraud risk in the United States in 2016. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/942526/transaction-authentication-measures-to-mitigate-ach-fraud-risk-us/
Federal Reserve. "Effectiveness of Transaction Authentication Measures Used by Financial Institutions to Mitigate Ach Fraud Risk in The United States in 2016." Statista, Statista Inc., 8 Feb 2018, https://www.statista.com/statistics/942526/transaction-authentication-measures-to-mitigate-ach-fraud-risk-us/
Federal Reserve, Effectiveness of transaction authentication measures used by financial institutions to mitigate ACH fraud risk in the United States in 2016 Statista, https://www.statista.com/statistics/942526/transaction-authentication-measures-to-mitigate-ach-fraud-risk-us/ (last visited December 22, 2024)
Effectiveness of transaction authentication measures used by financial institutions to mitigate ACH fraud risk in the United States in 2016 [Graph], Federal Reserve, February 8, 2018. [Online]. Available: https://www.statista.com/statistics/942526/transaction-authentication-measures-to-mitigate-ach-fraud-risk-us/
