Increasing Sales and Reducing Fraud Through Real-Time Identity Verification Services
Financial institutions can grow deposits, cross-sell more products, and increase brand loyalty by focusing on the first 90 days of customer relationships - it's during this short window of opportunity nearly 75% of cross-selling occurs. To make the most of these 90 days, institutions should optimize the first 20 minutes.
Real-time identity verification services simplify initial interviews with customers and make it easier for branch personnel to focus on needs-based selling. Real-time identity verification also reduces fraud and supports compliance with industry regulations such as KYC/CIP.
Read this white paper to learn how to:
- Detect and stop fraud at the point of service
- Grow sales through more efficient customer onboarding
- Improve fulfillment through accurate CRM data entry
