Beyond the Card:
Why identity assurance is a required layer for payment security and government trust

Accepting and disbursing payments are different operating models, but both depend on the same underlying question: Is the right person or entity involved in the transaction?

Beyond the Card:
Why identity assurance is a required layer for payment security and government trust

Accepting and disbursing payments are different operating models, but both depend on the same underlying question: Is the right person or entity involved in the transaction?

The Growing Role of Identity Assurance in Government Payments

 
Download the article to discover why identity assurance is becoming a critical component of government payment security and how agencies can strengthen trust while reducing fraud risk.

Government agencies are responsible for managing far more than payment transactions. From permits and licenses to benefits, public records, tax payments, and disbursements, agencies must ensure that the right person is accessing the right service at the right time. As fraud tactics continue to evolve, traditional payment controls may no longer provide enough confidence that the individual behind a transaction is who they claim to be.

Beyond the Card: Why Identity Assurance Is a Required Layer for Payment Security and Government Trust explores why agencies should look beyond payment approval alone and consider identity assurance as a strategic layer of protection. Learn how agencies can strengthen security, protect public resources, and maintain trust while delivering the seamless customer experiences constituents expect.

What You'll Learn

  • Why verifying a payment is no longer enough: Understand how fraud has evolved beyond stolen payment information to include compromised accounts, synthetic identities, credential theft, and other sophisticated threats.
  • How identity impacts both payment acceptance and disbursement: Explore why agencies need confidence in the identity of individuals making payments and those receiving public funds.
  • Where government agencies face the greatest risk: Learn how identity-related fraud can impact licenses, permits, benefits, public records, tax transactions, refunds, and other critical services.
  • Strategies for strengthening trust without adding friction: Discover how modern identity assurance approaches help agencies make smarter risk decisions while preserving a positive user experience.

Why It Matters

Identity theft and account compromise can create significant challenges for both agencies and the people they serve. Victims may spend months resolving fraudulent activity, correcting records, recovering financial losses, and restoring confidence in systems they rely upon. At the same time, agencies face growing pressure to protect public funds, maintain program integrity, and ensure that government services are delivered only to authorized individuals.

As fraud becomes increasingly sophisticated and automated, government agencies need more than transaction-level security. Identity assurance helps establish trust throughout the customer journey, providing greater confidence that the person behind the transaction is legitimate and authorized to act.

Strengthen Trust Beyond the Payment

The future of payment security extends beyond verifying a card or approving a transaction. It depends on knowing who is behind the payment and whether that individual is authorized to complete the action.

Read Beyond the Card: Why Identity Assurance Is a Required Layer for Payment Security and Government Trust to learn how identity assurance can help government agencies reduce fraud, protect public resources, improve service delivery, and build greater trust in every transaction.

Read the Full Article

Ready to discuss secure payment solution options for your government agency? For more information, call 800.869.0751 or visit risk.lexisnexis.com/products/payment-solutions

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Author: Dan Garrett
Director of Market Planning, Payment Solutions, LexisNexis Risk Solutions

 

 

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