Identity theft increases application and account takeover fraud
Data breaches have given criminals access to more personal information than ever before, and with this, they can commit application fraud or takeover the accounts of legitimate customers with ease. In today’s digital economy, you must understand who your customers are, when they open accounts and be able to authenticate them at every subsequent interaction in order to prevent identity fraud and ensure identity authentication.
FICO Identity and Authentication
Customer identity management that helps prevent fraud and improve customer experience
Biometric and Behavioral Authentication
Synthetic Identity Fraud
Strong Customer Authentication
Identity Management as a Competitive Advantage
From the FICO Blog
The New White Walkers: Zombie Synthetic Identity Fraud
Synthetic identity frauds that strategically hid themselves in the bad debt book may be coming back from the dead as zombie synthetic identity fraud.
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How can we help?
Want to understand how joined up thinking about identity proofing, customer authentication and fraud prevention will help you to cost-effectively reduce fraud losses, improve customer experience and stay compliant?