X-Sight Marketplace Innovation Spotlight Series: featuring Accertify

Using Device Intelligence to Manage New Customer Risk

Traditionally, banks required face-to-face interactions to open accounts. However, in order to compete, particularly in the past year, banks have been offering account opening through digital channels. This poses additional risk as it’s more challenging to understand the intent of the person at the other end of the application, especially when they are not known to the bank. Criminals often attempt to use newly opened accounts to receive stolen funds from other sources, and to establish seemingly legitimate banking relationships to commit fraud and financial crime in the future. The challenge is to gather as much information as possible to identify risk at account opening and in the early life of the account, while doing it in a way that doesn’t impact legitimate customers.

Join Accertify and NICE Actimize to discuss how device technology can help identify risks in new accounts.

You’ll learn about: 

• Identifying fraud at account opening
• Monitoring new account activity to identify risk
• Understanding the digital footprint of your customers

How can you understand the reputation of someone opening an account when you have never met them?  

Speakers 

• Jeff Wixted, Accertify, VP Marketing & Client Solutions
• Steven Schaeffer, NICE Actimize, Product Manager – Fraud