Top 5 Surprises from FICO’s Fraud and Digital Banking Survey
FICO
DECEMBER 5, 2022
A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8 Some FIs have simplified sign-in procedures with biometrics or in-app navigation and have led with multi-factor, multi-channel authentication. These statistics are based on roughly 2.8 million consumer fraud and 1.4
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