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Application Fraud: Accelerating Attacks and Compelling Investment Opportunities
Application fraud has consistently been reported to be among the top biggest pain points for fraud executives in the financial industry with evidence that it’s gotten significantly worse.
That’s why this Aite Impact report, in collaboration with IDology, delves into how FIs are managing this challenge today.
Download the report to uncover eye-popping statistics like the following:
- Synthetic identity fraud is projected to exceed $4.1B by 2023
- DDA application fraud losses to hit $939M by 2023
- Credit card application fraud losses to reach $3.19M by 2023