How to find usdirections
Speakers » Mark DiFraia
Senior Director, Digital Identity, MorphoTrust USA
Defeating State Income Tax Fraud utilizing Digital Identity
- Tax refund fraud totalled more than $7 billion in 2015 and is projected to be $21 billion in 2016.
- States recognize that the use of strong digital identities are central to defeating this epidemic.
- Alabama and Georgia are at the forefront of tackling this problem through the use of strong digital identities.
This panel will discuss the on-going MorphoTrust and National Strategy on Trusted Identities in Cyberspace (NSTIC) funded pilots in Georgia and Alabama to promote strong digital identities and combat state income tax fraud. Attendees will hear first-hand from the leaders of each respective state’s Department of Revenue. Their unique perspective will speak to the utility of strong identity as it pertains to this timely use case. The session will also share pilot adoption rates to date and consumer feedback.
Mark DiFraia is currently the Senior Director of Digital Identity for MorphoTrust USA, leading its newest market solution, which transforms trusted and established identities into assets that will drive customer service operations across state agencies. His expertise has been largely shaped through his experience in building strategic partnerships and alliances that create new revenue streams and product opportunities.
Mark joined the MorphoTrust USA team in June 2010 to lead business development, marketing and product management for the Secure Credentialing Division of what was then L-1 Identity Solutions. His prior experience is largely rooted in the financial technology industry, where he provided market and business development leadership across many areas of the trading business. Through leadership roles for financial firms and the New York Stock Exchange, Mark has built specific expertise in exchanges, networks, transaction management and other related disciplines.
In addition to his corporate responsibilities, Mark represents MorphoTrust on the University of Texas at Austin Center for Identity as Vice-Chair of the Board of Advisors, and as Treasurer of the Identity Ecosystem Steering Group. He holds a Bachelor degree in Finance, and an Executive MBA, both from Suffolk University Sawyer Business School in Boston, Massachusetts.