As account opening continues to transition from physical to digital channels, financial institutions and other organizations must optimize the digital experience of applicants in order to compete while simultaneously mitigating fraud risk that is on the rise thanks to some of the same digital channel benefits enjoyed by consumers: convenience, speed, and ease of use.
Download this whitepaper to learn about:
- Vulnerabilities that are inherent in traditional identity verification and how technology impacts this;
- How to measure the role behavior plays in identity proofing and the significant insights it provides in detecting fraud;
- Which types of accounts are the most targeted for fraud and why.