Most organizations understand they have to protect themselves and their customers from fraud -- both during and after an account opening. But they have to balance fraud prevention measures with maintaining a good customer experience. And that can be a challenge.
In order to maintain the perfect balance, organizations must truly understand the threats they face. Only then can they leverage the most appropriate fraud detection and prevention measures.
Unnecessary or overly stringent controls can put organizations at a competitive disadvantage or even drive customers away. However, if controls are not tough enough, they could incur large operational losses from fraud.
Download our ebook to learn about:
- Common identity fraud threats
- Customer-friendly ways to combat them
Afterall, fraudsters are getting more sophisticated as information resources, technology and tactics evolve. We’ll help ensure you keep up with the latest best practices.