Cadence Bank’s Brent Phillips Focuses on Controls for Online Account Opening. Financial institutions face rising losses from first-party fraud schemes that begin with online account opening. One of the most effective ways to reduce exposure involves practical, risk-based controls that limit how much trust new customers receive before their behavior can be established.
First seen on govinfosecurity.com
Jump to article: www.govinfosecurity.com/how-banks-limit-losses-from-first-party-fraud-a-30716
