Onboarding and managing customers can be challenging. To improve approval rates with confidence, companies need to find the right balance between having robust risk assessment processes, without adding barriers that will slow down or even interrupt the customer journey.
If a company cannot effectively overcome these hurdles, it will either experience increased costs, delays, exposure and even regulatory penalties, or it will miss out on too many attractive businesses.
Improve auto-approval rates and speed while reducing manual reviews, reputational risk, and the impact on your clients.
With a single, flexible solution, you can verify individual's details and highlight contradictory or suspicious characteristics.
LexisNexis® Identity Verification Solution is a powerful automatic identity verification solution to help you recognize legitimate IDs and help mitigate fraudulent activities right at the onboarding stage, reducing risks for you, while increasing the verification efficiency and maintaining a seamless experience for your customers.
Gain the ability to recognize good, returning customers and weed out fraudsters, all in near real timeLearn More
Get a clear picture of who is behind a transaction and the associated risk, so your team can automate decision workflows, improve customer experience, all in near-real timeLearn More
Enable cybersecurity and risk management through data science innovation and shared intelligenceLearn More