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Driven by the proliferation of data breaches - with billions of records stolen to date - application fraud is on a meteoric rise. Whether it is identity theft, synthetics, bust-outs, or straightrollers, financial institutions are experiencing crippling brute force application fraud attacks that are sophisticated, methodical, and both financially and reputationally damaging. Identity proofing and agility to answer evolving fraud tactics is key, and the right balance must be struck between top line growth and protecting the bottom line. In this webinar, we discuss emerging fraud trends and dissection of recent brute force application fraud attacks, building a best-in-class enterprise application fraud program that addresses today’s needs, and recent innovations in data, technology, and explainable and interpretable AI and Machine Learning to prevent fraud at the front door and streamline the customer experience.
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