The fraud landscape is always changing as criminals continue to find new ways to use stolen and fabricated personal data to perpetrate financial fraud. Emerging schemes like mobile wallet fraud, synthetic credentials, ecommerce and card-not-present fraud each rely on access point data – email, phone number or address – to be effective.
Traditional anti-fraud and compliance workflows – which tend to be manual and resource-intensive – cost financial institutions considerable time and effort, while failing to catch many instances of fraud. ID Insight solutions detect suspicious patterns of account profile activity and customer identity attributes so financial institutions can effectively isolate which cases require further scrutiny.
Account Takeover Fraud
New Account Fraud
Know Your Customer