Up to 15% of all banks’ bad debt is actually bust-out fraud. FICO Identity Resolution Engine enables financial institutions to identify fraud rings earlier in the lifecycle, across geographies and lines of business. Read this whitepaper to learn how you can significantly reduce direct and indirect losses from bust out fraud. How you can use FICO’s identity resolution engine to break up bust out of fraud rings. How it can give you newfound power to break out bust-outs fraud. And how it can help.”]
Source: https://www.bankinfosecurity.com/whitepapers/uncovering-bust-out-fraud-w-1017