Resources STAY CONNECTED, STAY INFORMED, STAY AHEAD
Pindrop Pulse is a resource hub for everything from the basics of voice fraud and security, to advanced topics and discussions happening in the industry. Take your knowledge to the next level.
Voice Phishing: How to Protect Yourself from Phone-Based Scams
November 29, 2023
We will explore voice phishing, its definition, how it operates, common variations of voice phishing scams, and, most importantly, how you can identify and prevent these attempts to protect your personal information.
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Phone Scams to Watch For in 2024
November 20, 2023
Phone scams can be a serious source of problems for many businesses, including contact centers. Unfortunately, employees are often the most vulnerable part of the business. If an employee does not know about potential phone scams, they may struggle to keep confidential data safe.
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The Benefits of Biometric Liveness in Fraud Detection
November 20, 2023
Biometric authentication was once the most robust security measure. It used hard-to-impersonate biological traits like fingerprints to verify identity. However, nowadays, biometric authentication is not all secure. Fraudsters can bypass the authentication with 3D-printed masks, fake fingerprints, and eye replicas.
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Affinity Plus Federal Credit Union Sees Big Impact with Pindrop
With high wait times, abandon rates, and agent burnout, Affinity Plus Federal Credit Union was looking for answers. This case study dives into how one of the largest credit unions in Minnesota transformed their member experience AND lowered their fraud rates. It’s worth the read to see how they achieved a significant reduction in hold times, improved abandon rates, reduced Average Handle Time (AHT), all in just 3 months!
DownloadMB Bank - A Pindrop Passport Case Study
MB Bank, one of the largest banks in the U.S. was experiencing operational hiccups that drove handle times up, customers away, and added unnecessary hurdles and aggravation on both the caller and agent’s behalf. Plagued by rising wait times, and an inability to successfully and effectively authenticate callers, this well known national bank connected with Pindrop for help. Pindrop was able to authenticate 90% of eligible calls for M.B. Bank using only DTMF and no voice. Pindrop Passport enabled this client to slash inefficiencies in their workforce, scaled effortlessly to handle the 42 million annual call volume, and significantly reduced the need for KBAs without sacrificing service, call metrics, or security.
DownloadHuge Insurance Co. - A Pindrop Passport Case Study
Huge Insurance Co., one of the largest insurance companies in the U.S. was experiencing unnecessarily high average handle times, causing serious slowdowns in customer resolutions. Pindrop was able to authenticate 88% of eligible calls for Huge Insurance Co. passively and before being connected to an agent, restoring trust among staff and customers within the contact center. In addition, after implementing Pindrop Passport, Huge Insurance Co. saved $864,000. Pindrop Passport nearly eliminated KBAs, strengthened frontline defense, and reduced costs for this customer.
DownloadRetail Bank - A Pindrop Passport Case Study
Retail Bank is a well-known U.S. based bank that was at a loss fighting a two-front war on customer experience and fraud. Pindrop was able to authenticate 90% of eligible calls for Retail Bank passively and without the time constraints and terrible experience caused by KBAs.
DownloadGreat Insurance Co. - A Pindrop Protect Case Study
Great Insurance Co. is a well known, top 10 insurance organization experiencing severely damaging and highly organized attacks from fraud crime syndicates. After adopting Pindrop Protect, Great Insurance Co. was able to wrestle control back from the fraudsters as Pindrop provided the tools needed to monitor for fraud and the potential for fraudulent activity on the phone; across channels and accounts.
DownloadLarge Financial - A Pindrop Protect Case Study
Large Financial, a well known U.S. based financial conglomerate was having trouble managing the nearly 70 million calls per year that came through its contact center. Capacity constraints exacerbated other issues for departments outside of customer service, leaving the fraud case backlog to grow. After implementing Pindrop Protect, Large Financial achieved a 226% ROI within 6 months. Slashing account takeovers and preventing over $20 million dollars in fraud loss while simultaneously boosting productivity in the fraud department.
DownloadInvestment Mobile App Revolutionizes Security Architecture
Introducing Pindrop Voice Verification for a Better User Experience
A leading investment mobile app worked with Pindrop to combine behavioral engineering with security methods to revolutionize the account recovery experience with pre-enrolled voice authentication integrating Pindrop’s speaker recognition API into their mobile application in weeks. They now have rolled out this option to all of their 17+ Million users.
Download"The Bank that Service Built" Proves that Happy Employees are the Key to Happy Customers
Read how United handled the call volume increase during the pandemic, how United’s agent satisfaction changed with the new customer verification process and how the employee satisfaction translated into customer satisfaction.
DownloadVeriCall®️ for Banks
This case study is based on interviews with executives responsible for contact center customer service and fraud prevention in two top 20 U.S. banks (based on asset size) concerning the challenges they faced and the needs that led them to look for a new technology solution. Learn how VeriCall®️Technology helped to reduce fraud, improve the customer experience, and reduce operational costs.
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