Entity Identity Management for Finance

Protecting Consumers From Identity-Based Fraud

Improve Your Revenue & Conversions While Protecting Your Customers

Ongoing fraudulent activities, including illegal robocalling and identity impersonation, are facilitated through the voice channel due to an antiquated ecosystem allowing for anonymity.

According to FTC and Javelin Strategy & Research, fraud committed through identity impersonation has cost Americans $8.8 billion (about $27 per person in the US), with upwards of $20 billion lost in traditional identity fraud in 2022

What You'll Learn

Revenue loss data & industry trends caused by illegal robocalling

Consequences of impersonation fraud from unprotected numbers

Competitive ways to enhance brand identity like a big box retailer

How to improve conversion rates and sales-per-hour

Get Finance Call Insights

Commercial Banks

Credit Unions

Investment Firms

Savings & Loan Associations

Brokerage Firms

Online Banking

Commercial Banks

Credit Unions

Investment Firms

Savings & Loan Associations

Brokerage Firms

Online Banking

YouMail Protective Services, a Numeracle Partner, Understands the Consequences of Impersonation Fraud

“The victims of brand impersonation aren’t just those who were called, but also those who were being impersonated. This often include the IRS, the local police, financial institutions, and major brands.”

15.4 Million

U.S. citizens falling victim to identity fraud each year

2.5%

Revenue Lost to Identity Impersonation Fraud

$20 Billion

Lost in 2022 to Identity Fraud
(Average of $62 per US Citizen)

$38.95 Billion

Lost to Identity Fraud in the U.S. Between 2020-2023

Protect Your Identity, Protect Their Finances

Financial institutions are particularly vulnerable to identity impersonations, and the consequences are severe: loss of revenue, erosion of customer trust, and potential legal ramifications.

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Don’t let your customers suffer the financial repercussions from answering a scam call pretending to be you. Prioritizing call security not only helps in protecting your brand but also ensures that your customers feel secure and valued, ultimately driving better business outcomes.

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This research was conducted by Numeracle, a pioneering Number Reputation Management platform dedicated to restoring trust in voice communications. As a leader in branded calling, Numeracle enables enterprises, contact centers, and service providers to overcome call labeling and blocking issues by verifying identity, improving number reputation, and ensuring regulatory compliance.

Leveraging deep industry expertise and patented solutions, Numeracle provides a unified platform that helps businesses reach customers with confidence. This study reflects real-world data insights gathered from verified calling behavior and reputation analytics, offering actionable findings for organizations seeking to improve their outbound engagement strategy while minimizing spam mislabeling risks.

For more information about Numeracle’s solutions, including Number Reputation Management and Branded Caller ID, visit www.numeracle.com.

Prevent Financial Loss

Mitigating identity-based fraud protects your institution from substantial financial damages and preserves your revenue.

Maintain Customer Trust

Safeguarding your phone numbers from impersonation enhances customer confidence and loyalty, crucial for long-term success.

Ensure Regulatory Compliance

Implementing robust cybersecurity measures helps you meet legal requirements and avoid penalties associated with fraud.