By combining the most advanced technology and best practices in financial crime prevention, Onboard Advisor from Fiserv delivers everything your institution needs to fight fraud at the front line.
With financial crime increasing across the enterprise, organizations need to be able to quickly and efficiently assess risk when establishing and servicing their customers. Onboard Advisor from Fiserv offers a fully integrated, reliable solution to streamline the onboarding process and protect against potential fraudulent activity.
Powered by LexisNexis®, ID InsightSM and Early Warning Services®, LLC, Onboard Advisor allows your tellers to perform a range of fraud and risk detection screening processes against billions of records to pinpoint possible identity and account fraud – resulting in annual loss avoidance savings. Onboard Advisor helps you meet the latest financial crime regulatory requirements by providing:
Individuals who commit fraud often manipulate their personal information to mask prior financial offenses. The Onboard Advisor fraud and risk solution protects your institution by comparing each applicant's personal identifying information against records of known fraudsters and account abusers contained in the National Shared DatabaseSM, which is maintained and safeguarded by Early Warning Services, LLC. This solution runs inquiries against the following data:
Once screening is completed, final account advice, a risk score and details of any matches are presented so you can make decisions using up-to-date, accurate information contributed by participating financial services organizations. This helps prevent offenses that are often copied or repeated at institutions across the country.