A MESSAGE FROM MATT
No one is hit harder by holiday fraud antics than small and regional banks and credit unions. With fraud’s busiest season in full swing and with less resources than their industry counterparts, the pressure is on for smaller financial institutions to demonstrate effective fraud management — and digital identity is at the heart of protection.
STAT CENTER
HOLIDAY FRAUD IS COMING TO TOWN
- Digital identity fraud spikes 15% during the holiday season. (TransUnion, 2023)
- 1 in 3 Americans fall victim to online shopping scams during the holidays. (Norton, 2022)
- Phishing alerts surge 46% in December compared to the monthly average observed throughout the year. (Cyberint, 2023)
Fraud prevention is a timely pain point for many Okta customers, particularly in the financial services sector (though the issue transcends industry). We can bring experience & perspective to your customers & prospects. By partnering with BeyondID, you can connect our strategy with your solution to offer joint customers a complete strategic fraud management solution that addresses their key challenges. Let’s work together to close your deals faster.
Feel free to reach out to me directly or to your BeyondID AE for help. In the meantime, check out our most recent blog post“Unwrapping Holiday Fraud: 5 Fraud Prevention Strategies to Protect Your Business This Holiday Season” for some actionable insights you can share with your banking customers.
Wishing you, your families and your customers a happy, and fraud-free holiday season.
- Matt Torgersen
- CRO, BeyondID
- [email protected]
TEAMWORK IN ACTION
Recently, we partnered with Okta and TDECU to build a successful fraud solution that created a seamless, secure customer experience journey that works in conjunction with 50+ physical branches.
With 382,000+ members and $6.5B in assets, TDECU needed a strong fraud management solution to protect their members. Find out how they simplified their customer experience, improved their identity security, and fostered a mobile-first customer culture with Okta at the center of their strategy.
EVENTS
Joint LinkedIn Live Webinar
January 2025 | Date TBD
