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Moving First-Party Fraud Out of the Bank's Blind Spot
Feb. 20, 2024, 6:21 p.m. |
GovInfoSecurity.com RSS Syndication www.govinfosecurity.com
Unlike identity theft, first-party fraud is harder to spot when a consumer opens an account. To guard against this growing blind spot, banks need to invest in transaction-monitoring tools and take a more holistic approach to fraud, said Ian Mitchell, co-founder of Mission Omega.
account bank banks consumer expert first-party fraud fraud guard holistic approach ian identity identity theft monitoring monitoring tools moving party program theft tools transaction
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