Organizations are Fighting Fraud with an Incomplete View of Consumer Identity
Organizations need to assess their current fraud prevention strategies to ensure that they’re sharpening their focus on customer identity risk. It’s more important than ever to have a comprehensive view of a consumer’s identity at the point of application especially as we continue to see shifts to digital onboarding and account opening. It’s time to broaden your lens and stop fighting fraud with a partial and one-dimensional view of identity. By implementing a solution that gives you a holistic view of identity, you’ll be able to limit losses, preserve the customer experience and enable growth.
In this infographic from LexisNexis® Risk Solutions, you’ll learn:
- Identity fraud risk trends and challenges
- The importance of a comprehensive risk assessment
- Ways to improve your fraud detection rates