Remove 2022 Remove Demand Deposit Account (DDA) Remove Identity Theft
article thumbnail

FICO World 2023: Four Enterprise Fraud Management Takeaways

FICO

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). There is also growing impact to traditional card portfolios, not just demand deposit accounts (DDA) and real-time payments channels.