According to Aite Group, “application fraud continues to be a significant problem for financial institutions across the U.S.” Undoubtedly, the continued prevalence of identity crimes is only exasperating the problem. Between data breaches, phishing scams and other social engineering fraud schemes, consumers’ Personally Identifiable Information has become more and more vulnerable. This has made it increasingly difficult to confidently validate a consumer’s identity, regardless of the application channel.
Register today and join Aite Group senior analyst Shirley Inscoe, along with Early Warning’s vice president of identity solutions Jim Mortensen as they discuss the current landscape for application fraud and emerging fraud solutions that can help secure your new account onboarding process from end-to-end.
During this live session learn how your financial institution can:
- Utilize predictive intelligence to combat synthetic identity fraud and assess applicants’ behavioral risks
- Leverage device authentication for digital banking enrollment and future logins
- Validate and secure funds for opening deposit
- Reduce friction and maintain focus on the customer experience
Shirley Inscoe is a senior analyst with Aite Group, covering fraud, data security, and consumer compliance issues.
Ms. Inscoe brings to Aite Group 30 years of banking experience in enterprise fraud and payments issues. She has served as the chair of the BITS Fraud Reduction Steering Committee and the co-chair of Early Warning Services’ Advisory Committee, and has been a member of ABA’s Deposit Account Fraud and Payment Systems Committees.