This is an updated blog that was originally published June 27, 2023.
Application fraud prevention is getting a lot of attention from banks and credit unions. For good reason.
Account opening processes are speeding up, much to the delight of consumers...
Application fraud prevention isn't what it used to be. Digital account opening processes are now the norm. Fraudsters are exploiting weaknesses in traditional risk assessment systems. And financial institutions (FIs) are struggling to prevent...