Financial online fraud and the fuel that feeds it has been growing steadily over the past decade, resulting in losses to banks, businesses and individuals. The fuel that propels NAF, like other identity theft scenarios, is stolen data. 41 percent of NAF uses real identities with correct personal information. Javelin Strategy & Research estimated in 2015 that new account fraud would soar from $5 billion in annual losses to a projected $8 billion by 2018. NAF has been a rising concern as banks move to more secure payment cards and new payment channels.”]