Application fraud will cause more than $2.7 billion in U.S. credit card and demand deposit account (DDA) fraud losses through 2020. As the threat environment escalates, financial institutions (FIs) are faced with the competitive pressure to reduce friction and improve the customer onboarding experience.
Melissa’s free white paper includes a survey of U.S. FIs and financial crime executives to discuss:
- Pain points and planned technology spend
- How next-generation technology adopters can get a competitive edge by improving the customer experience
- How Melissa Personator ID Verification helps minimize the problem of false positives and risk at onboarding