2016 was another year marred by breaches, hacks and data theft. With every successful cyberattack, the black market for personally identifiable information grew, widening the pool for malicious actors to buy stolen identities and engage in identity theft and mobile and online fraud. These crimes directly affect financial institutions bottom line causing millions of dollars in credit losses not to mention the indirect loss from wasted collections effort and lost employee productivity. Stopping this fraud without adding friction requires a unique approach. Learn how Fortune 500 companies create trusted identities by connecting authoritative offline consumer identities with online and mobile identities to conduct transactions that deliver frictionless customer experiences, and mitigate fraud.
This web seminar will cover the following:
- Review the driving factors behind online and mobile account origination and account takeover fraud trends.
- Understand how connecting offline, online and mobile identities can deliver frictionless customer experiences.
- Learn how using authoritative offline customer data combined with digital online and mobile identities can create trusted transactions that, mitigate fraud.