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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 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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