Traditional fraud prevention systems are falling behind
Account takeover (ATO) fraud and new account fraud (NAF) losses continue to sharply increase, according to Javelin Strategy & Research. Criminal syndicates are leveraging advanced technologies to create fraudulent and compromise existing accounts, posing significant risks to organizations and consumers.
How to improve fraud prevention across the customer lifecycle?
Employing robust identity proofing and authentication solutions is a smart approach to fighting fraud throughout the entire account lifecycle. Watch our on-demand webinar featuring Javelin’s Jennifer Pitt and TransUnion’s Richard Tsai and Darron Cross as they examined the threats NAF and ATO pose to customers and organizations — and revealed how organizations can more effectively fight them.
They specifically covered:
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