Picking Out the Bad Apples: Cutting New Account Fraud at its Core (Webinar Replay)

Webinar Replay – Audio from an earlier webinar with experts from Chargebacks911 and Jumio

Over half of businesses surveyed reported higher losses associated with account opening and account takeover than any other type of fraud. SCA and other heightened security requirements may help, but implementation can create greater challenges for banks and businesses. Is there a way to identify—and pluck—these “bad apples” before they can do serious damage?

• Overview of new account fraud, and why the risk is so great
• How fraudsters play the system, and how to lower chargeback risk
• Lowering by verifying the customer at account creation
• Ensuring SCA, AML, and KYC compliance through upfront authentication

Webinar presentations by Craig McClure and Johnson Ha