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New Account Fraud and The Need For Behavioral Biometrics

BioCatch • April 4, 2018  
New Account Fraud and The Need For Behavioral Biometrics

According to a recent report, The Identity Fraud Study, released by Javelin Strategy & Research, it showed in 2015, there were more than 1.5 million new account fraud victims that accounted for losses of $2.8 billion. This number increased by 40% in 2016, and there is no reason to believe that this trend is stopping anytime soon.

Download this whitepaper to learn more about:

  • Behavior biometrics and how they are analyzed;
  • Strategies for preventing new account fraud;
  • Financial implications of new account fraud.
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