---
title: Webinar - How CFIs can fight back against Fraud
description: Learn about the tools, like multi-factor authentication, community financial institutions like yours can use to fight fraud.
---

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## On-Demand Webinar: How CFIs can fight back against Fraud

Jan 18, 2023

*Learn about the tools, like multi-factor authentication, community financial institutions like yours can use to fight fraud*

Financial Institutions have been laser-focused on fighting back against a rising wave of fraud. While financial crime has been around since the dawn of time, a recent rise in the prevalence of sophisticated financial fraud is hitting the industry hard. CFIs have increasingly become a top target for fraudsters due to the amount of [personal information they require](https://www.cutimes.com/2019/09/13/the-credit-unions-role-in-the-fight-against-fraud/) from their consumers (Social Security numbers, home addresses, etc.). 

One of the best ways to fight against this rise is through multi-factor authentication (MFA) – the login technology that requires users to prove who they are with more than just a username and password. MFA has become the standard, trusted method to protect against increasingly sophisticated threats. Using modern, secure authentication tools – including text, video calling, and real-time photo ID verification – to stay ahead of fraudsters, members of community financial institutions (CFIs) can not only access their accounts, but also know who is reaching out to them.

In this webinar, you'll learn:

- Why the rise in fraud is alarming for community banks and credit unions
- Why phone and texting are now strongly preferred over email as a mode of multi-factor authentication (MFA)
- How you can easily authenticate your members’ identity using text-based MFA, real-time photo ID verification and more
- Examples of call center agents preventing fraud when texting mobile phone callers

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<https://omni.eltropy.com/webinar-jan18-fraud#top>

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