Onboard Advisor image

Onboard Advisor

With ID Insight

Fiserv leverages capabilities from ID Insight within its Onboard Advisor solution, which helps financial institutions minimize fraud risk associated with new account opening.

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Requirements

Abiliti, Aperio, Business Process Manager, Connected Teller, Deposit Essentials, Deposit Director Flex, New Accounts for Cleartouch, Retail Online or SecureNow

Highlights

  • Fast, Accurate Fraud Detection

    ID Insight technology seeks out anomalies and out-of-pattern behaviors among identity data and non-monetary data and events.

  • Scrutinizing Non-Monetary Data/Events

    Designed to identify emerging fraud rings and schemes, especially those related to third-party and synthetic identity fraud.

  • Delivering a Competitive Advantage

    ID Insight’s Platform has assets unique to the fraud-detection industry, giving partners and customers a distinct advantage.

  • Protecting Your Business and Customers

    ID Insight has 20 years of proven success reducing fraud losses, while protecting your customers and business reputation.

Overview

Fiserv leverages capabilities from ID Insight within its Onboard Advisor solution, which helps financial institutions minimize fraud risk associated with new account opening.

By combining the most advanced technology and best practices in financial crime prevention, Onboard Advisor from Fiserv delivers everything financial institutions need to fight fraud at the front line.

Onboard Advisor enables 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.

Key features of Onboard Advisor include:

• ID Verification – A fast and efficient method for validating application data and minimizing identity theft
• Address Verification – Intelligent address verification to reduce risk and enhance service
• Fraud and Risk Detection – Real-time applicant screening to increase enrollment and prevent fraud
• Reporting – Comprehensive reports that can be configured to measure your business success metrics
• Improved Account Acquisition and Service – The combination of leading-edge methods for detecting account fraud, identity theft and debit risk in Onboard Advisor allow financial institutions to quickly identify genuinely high-risk account applications while eliminating the time wasted investigating harmless discrepancies or keying errors