Customer Story

National Bank Stops Fraud Before It Starts with Customer Alerts

CSG business rules were designed based off of a risk assessment to provide contact via multiple channels including voice and SMS, with voice being the most time-sensitive and highest risk.

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One of the nation’s largest banks stops fraud in its tracks

Credit card fraud costs consumers and banks billions of dollars every year. Consumers lose money with each instance of fraud, and they lose trust in their bank.

One of America’s largest banks stopped fraud before it even started, saving money for consumers and its organization. By deploying multiple contact channels with CSG, they were able to detect and alert customers or fraud in real time, all while sending notifications at a fraction of the cost of live agent calls.

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