Whether users are receiving federal benefits, applying for credit or accessing sensitive information, organizations face the risk of fraud. Positively confirming identities without disrupting the consumer’s experience may help you win new customers.
FraudIQ® Authenticate is a set of remote authentication tools that use a combination of knowledge and ownership methods. It allows you to waterfall to the most relevant and effective authentication method for a given transaction. Methods range from passive, behind-the-scenes device recognition to more stepped-up methods like one-time passcodes, and document verification, to knowledge-based authentication for riskier transactions.
Key features and benefits include:
Reduce fraud through identity authentication
Minimize manual processing time and costs
Reduce website abandonment rate by providing a frictionless customer experience
Incorporate into your business processes based on security or fraud mitigation needs
Isolate high-risk applications without negatively impacting the applicant’s experience
Improve compliance with USA Patriot Act and FFIEC authentication guidelines
Learn more about how FraudIQ® Authenticate can help you grow your business.