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The Global Cost of False Declines Is $118 Billion
Fraud is becoming more rampant and complex than ever – but that doesn’t mean it has to affect your customers or business.
With new exemptions enacted by the Federal Communications Commission (FCC), financial services companies in the U.S. now have the flexibility to send alerts to their customers of suspected fraud or identity theft risks through free calls or text messages, without obtaining prior express consent. These alerts are also exempt from TCPA liability.*
Our latest case study, “Financial Fraud Alerts: No Opt-In Required,” will help you learn how to better protect your customers with the power of a real-time, two-way transaction verification program using intelligent mobile messaging and realize these benefits:
- Reduction in false declines
- Prevention of fraudulent activity
- Increase in overall customer satisfaction
*Subject to additional conditions.
Validate suspicious transactions while your customers are still standing at the register.