Application Fraud: How Do You Solve a Problem Like Identity
Losses from application fraud are projected to hit nearly $5 billion by 2024, an alarming number that signals identity controls are fundamentally broken. As financial institutions continue to struggle with addressing this pain point – from identity theft and synthetics to mule accounts – the good news is that technology has progressed to enable better detection and better customer experiences.
Access this important research from Aite-Novarica and get perspectives from fraud executives on:
- The impact of application fraud across channels
- Current satisfaction with existing solutions
- Recommendations for evolving identity control frameworks to catch more bad applicants