Banks Use Behavioral Analytics to Tackle First-Party Fraud

BioCatch's Seth Ruden on How Defenders Can Keep Up With Evolving Fraud Scams
First-party fraudsters have shifted their focus from credit card fraud to deposit scams. In this evolving threat environment, financial institutions face new challenges from the increased use of synthetic identities and the difficulties in classifying first-party fraud, said BioCatch's Seth Ruden.

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