In 2012, account takeover and new account fraud each rose by approximately 50% over the previous year. These two fraud types impact consumers most severely, and they are historically more difficult for FIs to prevent and detect than any other major fraud type. Fraud prevention is a winning strategy to both attract and retain accountholders, as consumers strongly value security when choosing a new institution and the perception of security is a critical factor in attrition.

Join Javelin’s industry analyst Al Pascual as he reveals the winning strategies of the Top 25 FIs by deposit size, based on their consumer-facing security features. This is an opportunity to learn from the top 25 as well as to discover Javelin’s recommended solutions for staying ahead of the fight on fraud. Al will pay particular attention to customer defined controls which rose by 40 percentage points in one year.

During the webinar, Al will answer:

  • What is the state of the current threat environment?
  • Which practices are best positioned to prevent, detect, and resolve today’s and tomorrow’s biggest fraud?
  • Which FIs are leading and lagging in the area of fraud security?
  • How have FIs changed their consumer facing practices over the past year? What can we expect over the next year?