Fraud prevention

A top 10 financial institution observed a high manual review rate for new customer applications was cutting into account opening numbers and lifetime value metrics. By introducing Neustar data into existing checks, the financial institution could reduce manual review populations 35%, reduce incurred fraud 11%, and increase new customer acquisition 1%.

Cybercriminals are driving fraud rates higher and pressuring financial institutions to increase rather than reduce consumer friction. Learn how forward-thinking firms address fraud threats and improve customer experience via integrated identity verification.

Financial institutions risk losing millions to fraud while frustrating loyal customers when they do not know whom to trust in digital interactions. Flag possible fraud while allowing legitimate transactions through faster by understanding whether the consumer’s identity links to their device.

Nearly all fraud via digital channels begins in the authentication process. New devices present a big question mark. Watch this webcast to discover how to leverage device-based identity linkages to identify legitimate consumers while minimizing fraud risk exposure.

Not only are fraud costs increasing, but fraudsters are constantly working hard to discover new avenues of attack—and are getting better at covering their tracks. Learn how forward-thinking financial organizations are improving fraud prevention and customer experience with dynamic data elements.

Dealing with fraud has bubbled to the top of the list of challenges that business owners now need to confront.

You can verify customers’ identities without interrogation by using innovative multi-layer solutions

Troubled times breed sophisticated fraudsters. The 2020 quarantine caused online sales to spike, resulting in an acceleration of digital fraud. Download this infographic to learn more.