Fighting Online Account Application Fraud: Strategies for Secure Digital Onboarding

Event Description

As more consumers open accounts online, financial institutions face a rising wave of application fraud, including synthetic identities, stolen credentials, and bot-driven attacks. Fraudsters are exploiting gaps in digital onboarding systems — and when fake accounts slip through, the downstream impact on fraud losses, compliance risk, and customer trust can be severe.

This webinar explores the latest fraud tactics targeting online account openings and delivers practical solutions for detecting and preventing them. You’ll learn how to strengthen your digital onboarding processes, identify red flags in real time, and strike the right balance between fraud prevention and a seamless user experience. Perfect for fraud managers, compliance teams, digital banking leaders, and risk officers.

Key Takeaways:

• Understand the difference between synthetic identity fraud, third-party fraud, and first-party application fraud.

• Explore key vulnerabilities in digital account opening workflows — including ID verification and step-up authentication.

• Learn how fraudsters are using bots, deepfakes, and spoofed IPs to bypass onboarding controls.

• Get actionable strategies to implement stronger controls without increasing abandonment.

• Discover tools and data sources (e.g., device fingerprinting, behavioral analytics) that improve real-time risk scoring.