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Old 01-24-2023, 02:49 PM   #33
JohnnyB
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Quote:
Originally Posted by FlamesAddiction View Post
I was listening to this topic on the radio last week and they were saying how the people committing the fraud go all out on fake IDs, bills, mail, etc., and of course fake signatures in order to assume false identities.

It kind of made me think about how archaic identification is compared to the technology available. Using signatures to identify people dates back centuries and we are still using it as a primary way to confirm documents are real.

I know this is probably a slippery slope topic, but maybe we should start using finger prints or facial recognition software to confirm people are who they say they are. I mean, my phone can't even unlock without a facial scan. The same security would probably be useful for monetary transactions happening in my name if they are for a crazy amount of money.
New Zealand has been moving forward on setting up a system of digital identity use for a few years, and Estonia has been ahead on this kind of thing for a while, not to mention China of course.

Everything still depends upon fraud being prevented at the point of setting up the identity, and control over the identity being maintained, but it does enable many more controls and tools for preventing fraud.
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