FICO World 2023: Four Enterprise Fraud Management Takeaways
FICO
JULY 6, 2023
From Australia to the UK to the USA, consumers and financial institutions are facing a scourge of authorized push payment (APP) and authorized user fraud. billion in estimated authorized user/scam losses in the US in 2022, £485 million lost in the UK in 2022, 125 million scam victims in Brazil in 2021 (a shocking 59% of the population).
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