PYMNTS
APRIL 13, 2018
That increase in fake accounts was due to the bank’s use of a third party to analyze the scope of the scandal. million new accounts were opened potentially without the blessing of its customers. The original account analysis reviewed 93.5 The third party found 1.4
FICO
DECEMBER 9, 2020
With non-intrusive application and account analysis and scoring, however, much of the first-party and synthetic identity fraud being conducted could be identified and stopped. Improve sign-up and origination processes with these analyses. What to Do.
FICO
MAY 19, 2021
Most companies are reluctant to impose controls that may stop fraud, but which may also dissuade legitimate prospects, new accounts and current customers. 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.
Expert insights. Personalized for you.
Let's personalize your content