Fraud and Emerging Tech: Identity and Authentication with the Paycheck Protection Program

As part of the Fraud and Emerging tech series, this article examines two key control objectives related to the prevention of fraud with the Paycheck Protection Program (PPP), focusing on technologies and processes to help mitigate identity-related frauds. This article also covers some of the technologies and processes that could have improved the verification of applicants’ identities and could have reduced the number of frauds that occurred during the PPP.