The federal government is trying to figure out how much money was lost to fraud during the height of the COVID-19 pandemic, a number that could range between $36 and $400 billion. Industry leaders believe advances in identity verification biometrics technology and data protection could keep this from happening again in the future. Technology like ID.me, which uses software to detect false presentations in biometric verification, can help prevent fraud and abuse.

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Post By Ken Shafton (2,326 Posts)