Remove 2021 Remove Account Analysis Remove Volume
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What Is First-Party Fraud?

FICO

In my personal experience, first-party fraud typically comprises around 10% of the volume of credit losses (also known as bad debt) but, alarmingly, more than 20% of the value. As pressure on the bottom line persists in 2021, it pays to put more focus on first-party fraud and take decisive action now. A Drain on Profitability.

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First-Party Fraud and the Hidden Drain on Revenues

FICO

In my personal experience, first-party fraud typically comprises around 10% of the volume of credit losses (also known as bad debt) but, alarmingly, more than 20% of the value. As pressure on the bottom line persists in 2021, it pays to put more focus on first-party fraud and take decisive action now. A Drain on Profitability.