First of all, basically any way is better than Out of Wallet Questions because they don't work on both ends. They don't really prevent fraud and most legit people fail them.
Better techniques involve data / device triangulation, lighter weight Knowledge Based Authentication via data matching, and deeper fraud scoring to detect potentially stolen identities. It takes a real strategy and real time to implement something that actually works which is why many people just default back to OOQs but that will change.
Better techniques involve data / device triangulation, lighter weight Knowledge Based Authentication via data matching, and deeper fraud scoring to detect potentially stolen identities. It takes a real strategy and real time to implement something that actually works which is why many people just default back to OOQs but that will change.