Organizations need to assess their current fraud prevention strategies to ensure that they’re sharpening their focus on customer identity risk. It’s more important than ever to have a comprehensive view of a consumer’s identity at the point of application especially as we continue to see shifts to digital onboarding and account opening. It’s time to broaden your lens and stop fighting fraud with a partial and one-dimensional view of identity. By implementing a solution that gives you a holistic view of identity, you’ll be able to limit losses, preserve the customer experience and enable growth.
In this infographic from LexisNexis® Risk Solutions, you’ll learn:
- Identity fraud risk trends and challenges
- The importance of a comprehensive risk assessment
- Ways to improve your fraud detection rates