The Growing Threat of New Account and Synthetic Identity Fraud

Featured Speakers :
WHEN : 04/13/2021 11:00 am ET

Complimentary webinar, presented by NICE Actimize

Financial services organizations (FSOs) struggle to identify criminals who target multiple digital channels at the same time. A lack of visibility across organizational siloes, combined with less than adequate threat intelligence, leads to vulnerabilities that can be addressed with proper early prevention.

Our exploration of fraud trends will include strategic examples of why identity fraud detection has become so essential to curbing financial loss while maintaining a world class client experience. Join us as NICE Actimize’s experts in fraud prevention discuss and debate the critical issues facing financial service providers.

We’ll cover:

  • Why criminals create small accounts to help validate other criminal activities
  • Understanding how synthetic identities are cultivated by criminals
  • How criminals build an inventory that leads to payment abandonment
  • The importance of capturing new account fraud in the first 90 days