The Hidden Cost of New Account Fraud

There’s an abundance of data for criminals to create fraudulent accounts online. Financial institutions and organizations across various industries must make sure that 1) this user is a real person, 2) they’re not a fraudster, and 3) they’re someone the organization wants to do business with.

But here’s the challenge: you will likely never meet this person in real life. What if you make the wrong decision and let in a fraudster? What if criminals access loans or credit cards with no intention of paying it back? How does that impact your ability to serve genuine customers effectively?

In this webinar, experts from Feedzai and Thomson Reuters will share experience gained from global organizations about:

• The latest trends in new account fraud
• The often-overlooked consequences of fake accounts
• Practical strategies to identify and prevent application fraud before it impacts your business

Speakers