Reducing Fraud Risk and Streamlining Digital Account Opening
As digital delivery expands, financial institutions face increased exposure to fraud in deposit account origination. Online requests arrive in higher volume and with higher risk than in-branch applications. Traditional manual review processes cannot scale effectively, creating operational strain, inconsistent decisioning, and rising compliance concerns. Institutions need a way to balance speed, security, and customer experience without overburdening staff or budgets.
ARGO automates deposit account opening through Digital Deposit Risk Management, combining advanced third-party validations, data analysis, and workflow routing. By applying automated decisioning before engaging human review, Connects:
- Reduces fraud exposure with comprehensive validation and scoring models
- Increases account opening efficiency by automating routine decisioning
- Focuses banker attention on high-value, high-risk cases rather than low-quality submissions
- Ensures consistency in policy enforcement across all digital applications
- Maintains compliance with KYC, AML, and regulatory requirements
Fill out the form on the left to download this solution brief and learn how Connects can help you reduce fraud risk while growing digital deposits.