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Onboard Advisor

With LexisNexis® Risk Solutions

Fiserv leverages a configurable identity verification solution from LexisNexis® Risk Solutions in its Onboard Advisor solution, enabling compliance and managing risk while streamlining 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

  • 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

Overview

Fiserv leverages capabilities from LexisNexis® Risk Solutions within its Onboard Advisor solution, which helps financial institutions minimize fraud risk associated with new account opening.

Onboard Advisor from Fiserv combines the most advanced technology and best practices in financial crime prevention to deliver 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