Published On Jun 10, 2024
Both banks and fintech want onboarding new customers to be secure, simple and fast.
But there is a delicate balance. Make the process too easy, and you could suffer serious fraud losses. Make it too challenging, and good new customers will go elsewhere.
In this webinar, join a panel of experts as we detail exactly how you can balance these two opposing forces. It is indeed possible to onboard new accounts in a way that maximizes conversions while at the same time minimizing fraud losses. Some of the talking points will include:
- How to segment and detect risky phone numbers, whatever it looks like
- How to prevent and block fraudsters before they enter your system
- How to convert more good users by adding verifications only when necessary
- How to assess the true identity and riskiness of phone numbers at account opening