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...
During the COVID-19 pandemic, stimulus fraud was rampant. Now, building on the success of pandemic-driven tactics, fraudsters are turning their attention to new account openings.
As account openings surge and application processes continue to move...
Digital account openings are increasing, with 37% of all checking account applications coming through the digital channel in 2022 according to research by Aite-Novarica. But as the industry is shifting to digital, so are fraudsters. Aite’s research...
Expanded Predict New Account Risk capabilities from Early Warning® harness shared data to help banks and credit unions fight fraud
The American Red Cross knows that relief leads to recovery, and has made it their mission to help people when they need it most.
Synthetic identity fraud is the fastest-growing financial crime in the country, and by appearing and acting like legitimate accounts, these identities are challenging for banks, credit unions and other organizations to detect.
Companies across all...
Learn how to leverage deep data intelligence for successful application fraud detection and prevention.