Fraud at Enrollment: The Impact of Application Fraud

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.