While adequate for verification and screening, traditional fraud detection is no match for today’s sophisticated fraudsters. Worse, current strategies force customers through confusing verification steps and unnecessarily delay access to their accounts.
It’s a lose-lose situation that just doesn’t have to be. Read the Insight Guide, “Now is the time for a fresh approach to detecting fraud” to learn how financial institutions can enhance their fraud prevention strategies to improve the customer experience and detect more fraud.
The Insight Guide explains: