Massive digital disruption has redefined the financial services industry. Over 5,000 FinTechs have appeared on the market, increasing competition. Regulations such as PSD2 and GDPR have elevated standards for security and privacy. Customers expect easy, omnichannel access and instant service. Banks have only seconds to process transactions & applications. And only milliseconds to stop cybercriminals.
- Authenticate customers while stopping account takeover
- Fight fraud and abuse across ever-changing vectors
- Improve the login experience without sacrificing security
- Encourage new accounts while stopping fraud
- Mitigate different risks at each part of the customer journey
Download the full Online Banking Industry Brief to learn how iovation can help you overcome these challenges.