Fraud and Identity Theft Prevention By Using an IP Location Database
Offering high-quality customer experience (UX) often means personalizing and customizing products and services. Businesses have to collect personally identifiable information (PII) from customers, such as date of birth, credit card details, addresses, and other information. This is also the kind of data fraudsters are after so they can carry out identity theft.
Identity theft isn’t even a new crime, which sprung up from the digitalization of business processes. It has been around since the early 1900s. Until recently, fraudsters emptied contents of garbage bins to find copies of legal documents with personal information.