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What Is First-Party Fraud?

FICO

As pressure on the bottom line persists in 2021, it pays to put more focus on first-party fraud and take decisive action now. Most companies are reluctant to impose controls that may stop fraud, but which may also dissuade legitimate prospects, new accounts and current customers. Why First-Party Fraud Can Be Easily Missed.

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First-Party Fraud and the Hidden Drain on Revenues

FICO

As pressure on the bottom line persists in 2021, it pays to put more focus on first-party fraud and take decisive action now. However, non-intrusive application and account analysis, and scoring, can identify and stop much first-party fraud, as well as fraud being conducted with synthetic identities.