Data management for fraud prevention
As businesses continue to align around customer needs and the customer experience in the "age of the customer," they need integrated, high quality data for accurate insight on who their customers are. They also need to know where they are, what they’re interested in and the true context of their relationship.
For such industries as banking and insurance, having an accurate handle on customer data is imperative for compliance with national and international regulations. This knowledge is essential in mitigating and identifying illegal activity, like money laundering and fraud.
Customer information management can provide the necessary business analytics and gives companies the ability to use customer data more effectively to improve operations and engage customers.
Download this Forbes Insights report for information on building an enterprise-wide customer information strategy that yields high-quality data and an agile approach to quickly adapt to changing customer behaviours and preferences across digital and physical boundaries.