Application Fraud: How Do You Solve a Problem Like Identity

Losses from application fraud are projected to hit nearly $5 billion by 2024, an alarming number that signals identity controls are fundamentally broken. As financial institutions continue to struggle with addressing this pain point – from identity theft and synthetics to mule accounts – the good news is that technology has progressed to enable better detection and better customer experiences.

Access this important research from Aite-Novarica and get perspectives from fraud executives on the impacts of application fraud across channels, current satisfaction with existing solutions, and recommendations for evolving identity control frameworks to catch more bad applicants.