Question: How can I improve the security of my online account opening process without adding friction for legitimate users?

nudata Security has a different approach that scores people based on a combination of behavioral biometrics, device behavior and its own proprietary trust network. It assesses people continuously in real-time so it can be used without slowing down legitimate customers. It's been tested with 20 billion risk assessments and has a 99% success rate in flagging high-risk new accounts, so it's a good option for financial services and e-commerce companies.

Another good option is BioCatch, which offers behavioral biometrics to thwart fraud and build digital trust. Its products include Account Opening Protection, Account Takeover Protection and Social Engineering Scam Detection, all designed to minimize friction while blocking fraudulent activity. With Continuous Behavioral Sequencing and Predictive Intelligence technology, BioCatch can spot both conventional and new patterns of fraud, and it's a good option for big financial services and fintech companies.

If you want an all-purpose identity verification service, check out Veriff. It combines AI with human verification teams to offer a frictionless customer experience for identity and document verification, KYC onboarding and AML screening. It supports more than 11,500 government-issued IDs from 230+ countries, so it's a good option for financial services and marketplaces that want to minimize friction while complying with regulations and blocking fraud.