Join Prove at Aite Financial Crime Forum 2020
Heading to Aite Group’s Financial Crime Forum on 9/16-9/17? Stop by our virtual booth to learn how financial institutions can use phone intelligence to mitigate fraud such as new account fraud while also enhancing the customer experience. This year’s event is free for financial institutions!
Our CEO Rodger Desai will also be taking the virtual stage alongside Henry Michaluk of HSBC and Tim Webb of Citi to share insights into how enterprises can protect against account takeover while still meeting customers’ expectations of frictionless experiences.
Session: Account Takeover: Ensuring Security in an Age of Rampant Credential Compromise and Frictionless Expectations
Fraudsters are attacking accounts in novel ways, particularly as the world deals with a pandemic, and more consumers are banking online than ever. Protecting the account from a takeover is top of mind for enterprises, but at the same time, passwords and friction continue to hinder the online experience. How are financial institutions handling digital interactions with their customers, and will we ever reach a utopian online banking environment?
Wednesday, September 16, 2020, 1:30 PM – 2:15 PM
Speakers:
Rodger Desai – Prove (formerly Payfone)
Henry Michaluk – HSBC Bank USA, N.A.
Tim Webb – Citibank, N.A.
Keep reading
Read the article: Prove Launches Unified Authentication Solution with Passive, Persistent Customer RecognitionNew solution delivers measurable ROI by replacing SMS OTPs and mitigating SIM swap fraud – cutting costs, reducing abandonment, and enabling seamless customer experiences across channels.
Read the article: A Watershed Moment for Digital Banking: FDIC's New Stance on Pre-Filled Data Paves the Way for a Safer, Faster FutureIn this blog, we detail how the FDIC's new guidance, influenced by Prove's advocacy, allows banks to use pre-filled customer data for CIP. This change, empowering solutions like Prove Pre-fill®, significantly reduces friction, enhances security, and improves financial inclusion in digital banking by streamlining account opening and combating fraud.
Read the article: The Anatomy of a Systemic Failure: The U.S. Banking System as a Conduit for Transnational CrimeThe U.S. banking system is a conduit for transnational crime, with systemic failures in identity verification and a lack of oversight, enabling fraud and money laundering. Read Prove’s call to action for the financial industry.
