Application fraud represents one of the fastest growing business challenges to financial institutions (FIs) across multiple digital channels. By 2020, it is projected that US-based FIs will spend $1.4 billion dollars to fight checking account and credit card application fraud. So, what are you to do? How do you combat this aggressively growing fraud trend and spend?
Join us for this complimentary BAI webinar featuring OneSpan and Aite Group analyst Shirley Inscoe for the latest application fraud techniques, and what actions can be taken to mitigate and detect multi-channel fraud to ensure better account opening and onboarding experiences.
Key Takeaways:
Best practices for understanding the cost of application fraud
An overview of identity verification and authentication gaps that are enabling fraudsters to bypass common fraud prevention processes
The move towards identity document capture and verification solutions for lowering fraud and achieving KYC compliance requirements
Machine learning-based fraud detection solutions – behavioral biometrics, device identity, ID document capture and more
Post-onboarding: protecting against account takeover fraud
All registrants will receive a complimentary copy of the recently published Aite Group report, “Application Fraud: Fighting an Uphill Battle”.
This website uses cookies to improve your user experience, functionality and performance and render our services. You can find our cookie policy at: https://www.onespan.com/cookie-policy/
Contact Us
Thank you for your interest in OneSpan's products and services. If you would like to learn more, or have questions and wish to speak to a representative, please take a moment to complete our form and we will contact you shortly.
