New Account Fraud: A Threat Down Every Avenue
New account fraud has been skyrocketing with an estimated 109% increase in losses last year. The growth has been helped by economic relief programs rolled out during the pandemic and competitive marketing campaigns designed to increase customer acquisition which have proven to be highly lucrative avenues for fraudsters.
Hear from Suzanne Sando, Senior Analyst, Fraud and Cybersecurity at Javelin Strategy & Research, on the problems that financial institutions are facing in the digital account opening process, from application fraud to mule accounts, and practical tips on how to overcome them.
Guest speaker Suzanne Sando
Senior Analyst, Fraud & Cybersecurity
Javelin Strategy & Research