Multi-layered and biometric IDV can prevent pervasive rental fraud: report

Six out of ten property managers said they faced rental fraud in the past two years, according to research from TransUnion’s Multifamily Report. Almost 40 percent didn't identify the fraud until after the tenant moved in.

It's significantly harder to stop fraud after someone becomes a resident. “Delinquencies and evictions are expensive and take significant time and effort to enact. In the meantime, the other residents are at risk with fraudsters nearby,” says Maitri Johnson, vice president of TransUnion’s tenant …

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