Consumers today expect speed and ease in any interaction with digital financial services. Providing a safe and low-friction experience throughout the entire client lifecycle—from account opening and onboarding to log-in, account modifications and transactions—is essential to building, growing and keeping your book of business as a financial organisation.
By leveraging advanced machine learning (ML) tools and breaking down organisational siloes and barriers, FIs can simultaneously elevate customer experiences and fortify defenses against evolving fraud threats throughout the client lifecycle.
With an emphasis on Client Lifecycle Management (CLM), this eBook prepared by the Mastercard Identity team explores the challenges posed by evolving consumer expectations and sophisticated and evolving fraud tactics such as:
Read the eBook prepared by the Mastercard Identity team and learn how to enhance the customer experience and fortify fraud prevention by creating a holistic CLM strategy—all while aligning with market trends, regulatory demands, and technological advancements.