Service Objects Announces Complimentary Webinar on How to Stop Account Fraud

By Justin Johnson.
Updated Feb 16, 2023

SANTA BARBARA, Calif. (PRWEB) February 16, 2023 - Service Objects, the leading provider of real-time customer data validation solutions, is pleased to announce an informative free webinar on how to protect your business from fake customer accounts. The event, entitled The Power of Customer Data Validation in Preventing Fraud will be hosted by Senior Product Marketing Manager Rob Manser, on Tuesday, February 28, 2023, at 11am PST/2pm EST. For registrants who cannot attend the live event, a recording will be made available.

The webinar will examine the rapidly growing risks that businesses face from fraudulent account creation, now estimated to affect nearly half of all new accounts in the United States. For example, Unemployment Insurance programs alone paid an estimated $60 billion to phony accounts, while one major financial institutions $175 million acquisition was recently alleged to have over 80% counterfeit accounts. Fraud on a scale like this is not only costly to businesses and taxpayers but also preventable.

Featured speaker Rob Manser, a marketing authority and data quality expert with over 20 years of experience, will discuss how Service Objects services use sophisticated analysis to detect and remove fraudulent accounts and ensure that customers are real people. Attendees will also learn how Service Objects customer data validation services integrate with all the major business automation platforms available today.

So-called first-person fraud, where people open fake accounts to gain access to money or services, has quickly become one of the fastest-rising areas of business fraud, said Geoff Grow, CEO of Service Objects. This webinar will show attendees how to detect and prevent the growing problem of fake account fraud, and why having accurate customer data is no longer an option for businesses nowadays.

Register here to join this free webinar, and to learn more about Service Objects customer data validation solutions or to request a free live demo, please visit our website.

Founded in 2001, Service Objects is the leading provider of contact validation solutions, validating online transactions in real-time, including contact name, address, phone, email, and device. Using Service Objects global validation and location web services, businesses can identify potentially fraudulent contact records, append additional contact information, and process transactions in a more efficient manner. Service Objects has validated nearly 6 billion contacts, and major brands such as American Express, Microsoft, and Amazon rely on Service Objects for their data validation needs. For more information about Service Objects real-time web services, contact sales@serviceobjects.com.