Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

New Celent research finds synthetic identity fraud, application stacking, and bust-out fraud are outpacing what any one lender can detect alone Sixty-one percent of lenders identified synthetic ...

The latest fraud stats make uncomfortable reading. Fraud is growing – relentlessly. According to a report published in 2023 by the Association of Certified Fraud Examiners (ACFE), up to five percent ...

Equifax recently outlined how fabricated identities, stitched together from fragments of real and fictitious personal data, are gaming the lending system at a scale that traditional verification ...

Fraud attacks are at an all-time high. According to the FTC, in 2023, U.S. consumers reported losing more than $10 billion to fraud, a 14% increase over 2022 and the highest dollar amount ever ...

First-party fraud, also known as “friendly fraud,” accounted for 36% of all fraud globally in 2024, up from 15% the previous year, says LexisNexis Risk Solutions’ Cybercrime report. First-party fraud ...

Technology will have a huge role to play in fraud detection with GenAI and consortium analytics shown to have the most promise The NICE Actimize “2025 EMEA Financial Fraud Trends and Investment ...

Analysis of the UK’s largest database of syndicated risk intelligence shows ID fraud is the top fraud type reported by banks and other financial service providers, accounting for 45% of all adverse ...

The rise in bank fraud has reached unprecedented levels, with a 70% increase in just one year, resulting in $5.8 billion in losses. According to the Federal Trade Commission (FTC), this surge has ...

Mortgage fraud happens when someone omits or falsifies information in connection with the process of buying a house. This can be from predatory lenders trying to defraud borrowers or from borrowers ...