It’s that time of year – yes, the time for celebration and holidaying. The time most people are planning their annual getaways to rest and recoup. The time for liberal spending on gifts, giveaways, and goodies. Which is why it is also the perfect time for a high prevalence of fraud! Now if that caught your attention, read on.

Fraud is a high risk, especially in the banking, insurance, medical, government, and public sectors industries. Fraudsters are constantly looking for ways to gain money or property through impersonation, security breaches, and identity theft.

For the lending industry, the risk is manifold. With an influx of nearly 200-500 requests per minute, decisions must be quick and accurate, which is why so much rides on the verification and authentication platform. With the invasion of bot-technology, lending companies are forced to tighten security and verification checks to ensure they stay clear of deceptive attacks.

One of the main features of the SignetCloud.ai offering is that it puts the ball in your court, giving you the option to pick and choose the way you want your verification platform to be designed. The modules in the bouquet can seamlessly be combined to create a multi-tiered AI-powered authentication platform that not only builds trust with your customers from the word go but is an effective fraud weeder.

Synthesizing your verification ecosystem seamlessly even with third-party services enables you to access your customer data from different sources and formats. With SignetCloud.ai, you lower the risk of fraudulent access and impersonation by seamlessly packing in two-tiered AI cross-referencing prompts. Because security and authentication are key, you now have the power to make decisions which are geared towards growing your lending business.