Application Fraud: Fighting an Uphill Battle

Application Fraud: Fighting an Uphill Battle

Application fraud continues to be a significant problem for FIs across the U.S. As identity crimes continue to grow, it is increasingly difficult for FIs to determine who they are dealing with in all delivery channels.

Download this whitepaper to learn the effects of online application fraud in the banking industry and some other interesting nuggets such as:

  • By 2020, spending on application fraud will reach $781 million in the U.S.
  • Half of the respondents on the credit card side plan changes in their vendor solutions
  • 90% of FIs plan to implement mobile identity document capture and verification solutions

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