Verifying the true identity of a consumer or business is becoming increasingly difficult. Following a decade of high-profile data breaches, real and fictitious identity data is being used daily to open new accounts. In fact, 1 in 6 U.S. consumers claimed to have fallen victim to application fraud last year.
GIACT’s new report, Fraud at Enrollment: The Impact of Application Fraud, explains the prevalence of application fraud, and how to secure online enrollment without unnecessarily impacting user experience.
- Application fraud impact points and cases by channel;
- Why application fraud continues to elude organizations and best practices for addressing application fraud;
- And how GIACT (a Refinitiv company) helps organizations streamline and secure their enrollment process.
Download the White Paper