Let’s Meet at LendIt Fintech

April 29, 2022 Paul Jarratt

We’re delighted to be back in person for LendIt Fintech in New York City on May 25th-26th.

If you’re attending, stop by our booth (643) or book a meeting with us to learn more about how we can simplify digital identity verification for your organization, and get a complimentary professional headshot. 

Look out for our keynote and speaking session on the agenda – we’re discussing how financial services can deliver personalized experiences with HSBC and Mastercard, and about how to stop the growing threat of synthetic identity fraud. 

Mark your calendar to attend these two events at the show where Onfido experts will be speaking: 

May 25, 9:40am ET - Keynote: Can financial services replicate the Amazon experience?

Our CEO, Mike Tuchen will be one of the speakers in the opening keynote at LendIt Fintech discussing how financial services can replicate the Amazon Experience to onboard customers faster and create more value and trust with their customer base. The panel will touch on how digital identity can unlock all these solutions and create a more loyal customer base without compromising on fraud prevention. They’ll discuss how biometrics, AI and the concept of portable identity play a part and how banks and fintechs cannot provide seamless account creation and loan decisions within seconds without a sophisticated digital identity program.

Mike will be joined on stage by Sarah Clark, SVP Digital Identity at Mastercard and Ahron Geminder, Global Digital Head of Product, Wealth & Personal Banking at HSBC, as they share examples of how this is being done today and what more is needed to bring the Amazon experience to banking. The CEO of Lendit Fintech, Bo Brustkern, will moderate the discussion.

May 25, 11:15 am ET - Session: The different paths to catching synthetic ID fraud

In a fast follow, our VP of Product Management for Fraud, Albert Roux will take to the stage to speak about the different approaches to tackling synthetic ID fraud.

According to new research from the Federal Reserve, synthetic fraud cost American banks $20bn in 2020. It’s a sophisticated type of fraud specifically developed to circumvent KYC checks, creating fictitious identities that only exist within the very same databases designed to protect financial businesses. Professional fraud rings nurture these fake identities over months or years, before attacking institutions at scale. In this session, Albert will cover how fraudsters create and nurture synthetic identities, how they game the system to make them credible, and how financial services should approach protecting themselves against these professional attacks.

Join us at LendIt Fintech USA on May 25-26 – in person at the Javits Center in New York City – to hear from these fintech and banking leaders.

With just a photo of an identity document and a selfie video, anyone can access a host of online financial services in a matter of seconds from some of the biggest names in business —all fueled by Onfido’s artificial intelligence-powered identity. See how your business can simplify its onboarding and compliance needs without compromising on fraud - book a meeting with us at the show.

 

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