X-Sight Marketplace Innovation Spotlight Series: featuring Ekata On-Demand
The Importance of Identity Proofing to Combat New Account Fraud
Ekata provides smarter global identity verification data and insights to reduce friction, improve conversions and combat fraud. Market dynamics have rapidly shifted as digitally-native financial institutions have disrupted the industry, forever altering customer expectations. Customers demand the immediacy and transparency that a digital-first product provides. An accelerated rise in new account fraud losses orchestrated by well-organized and well-funded crime rings compromises the security of digital account opening channels.
Ekata provides smarter global identity verification data and insights to reduce friction, improve conversions and combat fraud. Market dynamics have rapidly shifted as digitally-native financial institutions have disrupted the industry, forever altering customer expectations. Customers demand the immediacy and transparency that a digital-first product provides. An accelerated rise in new account fraud losses orchestrated by well-organized and well-funded crime rings compromises the security of digital account opening channels.