Category: Account Opening

Read and learn about fraud prevention during the Account Opening and Creation process with the following articles and posts.

Identity Verification Solutions

Combining identity verification solutions for marketplace websites

Every growing marketplace goes through stages as they make the journey from start-up to a profitable, enterprise company. Naturally, each of those stages brings with it different requirements for risk protection. At first, a marketplace’s emphasis is going to be on onboarding users. Typically, the focus and energy will be on onboarding suppliers, appreciating that […]

5.17.2023

Why you can’t rely on CPF checks for digital identity verification in Brazil

Account Opening

Increase your thin file customers with Account Opening API

Customers have hundreds of choices for their banking needs — and once they choose, they aren’t likely to switch. This makes capturing customers early key to achieving revenue goals. While the latest Global Findex Database (2021) emphasizes the need for more work to be done to include the 1.4B people worldwide who remain unbanked, one […]

3.8.2023

Risk Assessment

How Customer Outcomes Data Powers Customer Success

What is customer outcomes data? At its most simple level, a customer outcome is a result of knowing if a query to us was associated with a “good” or “bad” event related to fraud that the customer might face. For example, if an ecommerce customer queries our data on transactional orders within their fraud decisioning […]

2.8.2023

Account Opening

How email verification combats fraudulent account openings

Last year, the number of email users reached some 4.2 billion– over half of the global population. In fact, on average, people have two email accounts; and they rarely switch email providers or change usernames. So what does this mean when it comes to your fraud risk assessment? Simple. Email-to-Name match can – and should […]

1.11.2023

Ekata

Why Use Data Only Once? Breaking Down Silos to Overcome Data Scarcity

Data scarcity is one of the biggest challenges companies face when combating online fraud. This issue is compounded when each stage of the user journey is siloed into its own fraud workflow. For example, separating account opening from transaction. Additionally, if there’s a failure to include even lightweight fraud checks during account opening, the opportunity […]

10.25.2022

Ekata

Creating Confidence in Digital Banking

There is a quiet revolution going on in the banking world as a result of Covid-19. Consumers are shifting their banking habits from in-person interactions to online banking, and both the megabanks and digital banks are taking note. Starting in 2019, the trend to open checking accounts through online digital channels exceeded in-branch openings and […]

11.4.2020

Ekata

Increase Conversions with Progressive Signup Flows

The most important metric that any tech company centers around is growth. In B2B SaaS, it’s typically ARR growth. With app-based B2C companies, it’s commonly growth in monthly active users (MAUs), or some other measure of the total number of users that start and continue using the service. Some app based companies have to balance […]

5.16.2018