FICO

MAY 19, 2021

For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. Both of these crimes are first-party fraud. They extract their ill-gotten gains through credit cards and loans, or use the accounts to commit money muling and laundering.

Cross-Border 52

Cross-Border Crime Money Laundering Credential 52

FICO

MAY 19, 2021

For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. Both of these crimes are first-party fraud. They extract their ill-gotten gains through credit cards and loans, or use the accounts to commit money muling and laundering.

Cross-Border 52

Cross-Border Crime Credential Money Laundering 52

FICO

DECEMBER 9, 2020

With non-intrusive application and account analysis and scoring, however, much of the first-party and synthetic identity fraud being conducted could be identified and stopped. In my next post I will look at the ways in which fraudsters play the long game – hiding in account portfolios for months if not years. What to Do.

Online and Mobile Banking 52

Online and Mobile Banking Credit Cards Best Practices Non-Bank 52