Discovering the Power of Orchestration - Insights Series #5 - ERP Spain.com - España y América Latina

Orchestration is the ability to run multiple KYC checks against a variety of risk signals and dynamically adjust the workflow based on real-time inputs. For example, your workflow might start with a device check, and if the user’s cell phone has already been used multiple times to open accounts, a more rigorous set of checks will be initiated. Orchestration allows organizations to provide a frictionless experience for their legitimate customers and increase scrutiny for higher-risk individuals. The result is both higher conversions and higher fraud deterrence. It also saves you money, because you can check the lower-cost risk signals first to filter out a lot of the fraudsters before you run the more advanced identity verification processes such as ID scanning and liveness detection.