Solution Brief: Fighting New Account Fraud in a Post-breach, Digital World
New account registration, often the first touchpoint in the customer journey, is quickly becoming an area of weakness. Ongoing data breaches are providing fraudsters access to sensitive customer information, which they are then using to open new accounts. Once entered into a business’ ecosystem, fraudulent applications using stolen and synthetic identity credentials can prove detrimental, further increasing business costs. Download the solution brief to find out how Simility’s Adaptive Decisioning Platform helps businesses onboard new customers with minimal friction while keeping fraudsters at bay.