Ikano Bank Harnesses Power of Orchestration To Reduce Onboarding Risk
Many consumer finance banks face the challenge of balancing new customer due diligence with the pressures of delivering a flawless onboarding experience. Ikano Bank, the proud provider of IKEA Financial Services, opens hundreds of new interest-free loan accounts per day for IKEA customers. Ikano was looking to optimize and evolve their onboarding due diligence process without adding any unnecessary friction for trusted customers.
Download the case study to learn how the LexisNexis® RiskNarrative™ orchestration platform helps Ikano Bank:
- Drive instantaneous loan application decisions
- Reduce delays and friction caused by false positives
- Minimize onboarding friction for trusted customers
- Improve their overall financial crime detection strategy
