Online Account Opening Risk Pitfalls

EPCOR's Did You Know video series covering payments changes and updates as well as helpful tips, tricks and things to keep in mind.
Did you know... while online account opening has become a staple for banks and credit unions to keep up with consumer demand, financial institutions must be vigilant about compliance and risk mitigation to ensure the integrity of account holder information and financial transactions.
While online account opening brings convenience for account holders it also opens up a door to new risks for financial institutions as they work to maintain compliance with regulations, ensure the security of personal information and protect the integrity of financial transactions.
Here are some tips to help mitigate your risk.
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