The mortgage and real estate industries are under assault. According to Housingwire, in the last six months, over half of real estate professionals have encountered a seller impersonation attempt.
Wire and title fraud risk reached an all all-time high in Q4 2023 with 51.8% of transactions having issues that led to a risk of wire and title fraud, according to FundingShield‘s quarterly report.
The moby platform puts customer experience and security at the center of your business. A one-stop-shop using a multi-dimensional digital identity, trusted device binding, geolocation, and decentralized biometrics platform ensures you eradicate fraud with as little customer friction as possible.
moby’s multi-dimensional SaaS structure validates the consumer’s phone, ID (over 14,000 unique global ID types), NIST certified liveness/selfie, geolocation, and data. Advanced AI cross-references the customer’s submitted modalities and associated data to quickly identify negative behavior. Simply post a QR code within your workflow and allow moby to do the rest.
Consumers are demanding elevated protection and experience
Continuing to do the same thing, expecting a different outcome has never yielded a positive result. It’s time to elevate your Know Your Customer requirements beyond visual ID verification and aging knowledge-based question. Allow moby 20 minutes to escalate your customer experience and risk mitigation.
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