Challenger Banks and Frictionless Onboarding:
A Double Edged Sword
How Challenger Banks Can Manage Fraud and Cybersecurity Incidents to Refocus on Growth
Download the eBook
This eBook covers the factors that make challenger banks susceptible to fraud, as well as the approaches and technologies that can help them grow confidently by managing threats and acquiring real customers.
The pandemic-fueled rise in fraud
Why challenger banks are targeted
The types of fraud that focus on challenger banks
Fighting back: approaches and solutions
"The biggest underestimated issue in digital banking is the potential for fraud. Since we began our efforts to deliver a digital solution, we’ve put fraud and risk management at the forefront of everything."
Michael Butler, President & CEO, Grasshopper Bank
Review the factors that led to massive amounts of fraud and cybersecurity attacks targeting challenger banks
- The pandemic and rise of online banking
- Rushed digital transformation across the industry
- How fraudsters take advantage of new technologies