Stop Synthetic Fraud, Drastically Reduce Credit Write-Offs
We believe new research from Gartner helps shed light on how credit write-offs can mask synthetic fraud and what the potential impacts are for financial institutions. Gartner estimated that "by 2021, first-party fraud and synthetic identity fraud will account for 40% of credit write-offs, up from an estimated 25% today.”
From this report, we feel you will learn:
- What the potential impacts of this trend could mean for financial institutions
- Techniques to identify your true synthetic fraud losses
- Recommendations on how to detect and prevent both first-party and synthetic fraud
Download the full Gartner research report, "The Growing Problem of Synthetic Identity and First-Party Fraud Masquerades as Credit Losses". We feel this report can help you to unmask and fight the growing problem of synthetic identity fraud within your organization.
*Gartner: The Growing Problem of Synthetic Identity and First-Party Fraud Masquerades as Credit Losses, Tricia Phillips, Danny Luong, 1 March 2018.