Retail banks face unique challenges at the point of account opening. There’s a “thin-file problem” due to gaps in historic data, and bad digital experiences as customers travel between silos. It’s no surprise that 74% of financial institutions stated having multiple independent projects underway to improve customer experience.
How can banks increase application acceptance while also reducing fraud? Feedzai has a new ebook with practical advice for overcoming the challenges of account opening, with a risk management blueprint that integrates identity checks, eligibility risk scoring, and transaction monitoring.
Read this ebook and learn: