Tag: online account opening fraud
What Is New Account Fraud, and How Can Your Business Identify It?
New account opening fraud has the potential to cost businesses huge amounts of money, inflict reputational damage, and cause a whole lot of stress. Unfortunately, fraud rings are finding increasingly sophisticated ways to fraudulently open accounts to tak...
4 Steps Your Company Should Take to Detect New Account Fraud
It’s no secret: Companies in every sector lose revenue to fraud every year. A business that is successfully targeted by fraudsters, bots, or organized fraud rings can cost a business a whole lot more than they might even estimate. Thankfully, while scamme...
What is the Digital Identity Crisis and How You Can Protect Your Business?
The internet has undoubtedly changed the business landscape and offers your business greater access to more customers. But with that increased access, the digital identity crisis has had a chance to flourish, and account opening fraud is on the rise. Here...