The Cost of Fraud and How Digital Identity Practices Can Boost Profits

This Webcast will start at 1 p.m. EST

Fraud costs banks real dollars, but the crime’s impact goes beyond reported losses. Erosion of customer trust, pass-through costs to merchants and consumers, and headline risk all drain the corporate pocketbook, often in ways that can’t be quantified in financial statements.
 
On July 17, Peter Carroll, Senior Partner at Oliver Wyman, discusses how banks can better protect against fraud by employing stronger digital identity practices, like going “password-less,” in key banking processes. Carroll argues that countering fraud can be banks’ single biggest profitability boost when they invest in the right future-forward technology and protections.