Online fraud creates severe challenges for financial institutions and their consumers. VerifyNowTM from Fiserv offers a proven real-time solution to aid in fraud prevention and regulatory requirements.
As more people use the Internet and "apps" on their computers, tablets and smartphones to access banking services, financial institutions face a complex, increased need to verify accounts and ownership before providing access or allowing money to move.
VerifyNow from Fiserv leverages proprietary and third-party account verification tools to help financial institutions reduce fraud exposure in connection with funding new accounts and transferring funds directly to or from your online banking site safely and seamlessly. An industry-leading solution, VerifyNow provides account ownership verification, identity authentication and watch list scanning.
Balancing user experience while minimizing exposure and regulatory compliance creates a challenge for any institution. Sophisticated, advanced online fraud prevention technology is available for financial institutions of all sizes. Give your customers the convenience of online and mobile applications with the tools you need to reduce fraud.