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⍰ ASK How did the rise of digital identity verification systems impact the security of electronic payments in the U.S.?

The use of digital identity checks made electronic payments in the U.S. a lot safer. These checks include things like fingerprints or one-time codes, giving an extra layer of protection against unauthorized access.

By making sure users are who they say they are, these digital identity solutions depth the chances of fraud. Banks and payment companies liked this idea and started using it in their systems to make electronic payments more secure.

This move towards digital identity checks was a smart way to deal with cybersecurity threats, showing the industry's commitment to making sure electronic payments are safe and trustworthy for everyone in the United States.
 

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