Fraud Reduction
Reducing Fraud in Onboarding
Series B FinTech in Europe (Representative Engagement)
🚨 Challenge
Onboarding fraud >3% due to weak document verification and inconsistent biometric checks; rising regulatory exposure under GDPR/eIDAS 2.0.
💡 Solution
Designed a multi‑vendor doc‑v strategy; shipped modular Web & Mobile SDK; added passive liveness & document forensics; aligned with NIST 800‑63‑3 controls.
📈 Impact & Results
Fraud Rate ↓
50%+ in 3 months
Pass Rate ↑
82% → 91%
Manual Review Cost ↓
≈30%
Launch Speed
3 EU markets, +4 mo faster
Visual Impact Analysis
Fraud Rate Reduction: Before vs After Implementation
Manual Review Cost Optimization
Hypothetical, data‑driven example representative of typical outcomes.