Detect and prevent digital banking fraud

As consumers increasingly choose digital channels, banks are under pressure to make real-time decisions on credit and loan applications. Yet identity-based fraud attacks are rising, and the losses are staggering. Fraudsters can find a rich, inexpensive supply of personally identifiable information on the dark web. And it’s easy to escape detection when they create a synthetic identity – where there’s no real person behind the identity to complain. Discover how banks can fight back using proven analytical methods to detect the fraudsters while expediting service for legitimate customers.