With a significant increase in consumer online activity — from opening investment accounts to joining an online marketplace like Amazon or Airbnb — new account fraud is becoming a major challenge for businesses. Industries are having to adapt to the new digital world, while meeting rapidly evolving consumer demands and enabling remote work.
Now that the customer journey has taken roots in a digital-only environment, the onboarding process is more vital than ever to ensure new customers are protected from fraud threats, while also ensuring smooth and seamless experiences.
To meet the rising demand for identity verification, Trulioo has put together this five-step playbook to outline how businesses can implement a best-in-class identity verification program. Based on data, expertise and insights, you'll discover:
- Step-by-step walkthroughs for auditing or implementing digital identity verification systems
- Best-practices and tips for building a seamless global verification program
- How companies like Stake and BitBuy use optimization tactics that produce winning results
- How to build a verification foundation that can be easily adapted to handle evolving risks