Strategies for the application fraud arms race for financial institutions

Over 50% of North American fraud executives report application fraud as their top pain point, and it is only getting worse. In collaboration with Aite Group, this report examines the latest trends in application fraud, how financial institutions are managing these risks, and what investments in application fraud controls will ease the pain.

Key takeaways

• Understand the sheer size and imminent threat that application fraud poses for FIs worldwide.
• Explore the market trends and environmental conditions that ignited the explosion of direct deposit account (DDA) application fraud, mule activity, and synthetic identity fraud.
• Leverage the impact of behavioral biometrics tools to help mitigate these attacks and reduce losses, while supporting revenue growth.

In collaboration with