Customer onboarding: An industry-by-industry look at account creation fraud

The process of signing up a new customer has opposing objectives at play. On the one hand, you want to ensure the account sign-up process is quick and painless for legitimate users. But you also want to have enough safeguards in place to weed out fraudsters, identity thieves, and bots who attempt to create fake accounts to cause financial and reputational harm. New account fraud is prevalent across every industry; however, the attacks, strategies, and consequences will vary – as do the verification and risk-assessment frameworks organizations must implement to protect their business and their customers.

This webcast will explore:

• The state of new account fraud and its costly ramifications
• Notable differences across a series of business sectors, including finance, tech, and retail
• Solutions that prevent fraud while simultaneously reducing the costs of customer onboarding