Download our brand new Fraud Report covering January to June 2021 and find out what trends have emerged throughout the year so far and which industries Veriff works with have seen the biggest growth in fraud in the first 6 months of the year.
Patrick Johnson, August 27th, 2021
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Veriff's Identity Fraud Report, covering January to June 2021 is now live and you can download it by clicking the button above and completing a quick and simple form.
Why download it?
Well, here are a few key discoveries we've made in the first half of this year:
Fraud continues to be on the rise despite businesses investing in systems and solutions built for prevention.
This is a testament to the many fraud incidents that continue to plague businesses and individuals on a global scale.
This is down to fraudsters discovering new ways to commit fraud and infiltrate systems. They're consistently employing new strategies that evade crosslinking, allowing them to only be linked solely on face data.
Something for investors to consider as digital currencies becomes more prevalent over time.
This can be evidenced by velocity abuse — once a fraudster has been approved and infiltrates a system, they will utilize that loophole to get approved as many times as possible, normally verifying different real users without telling them what they’re being verified for.
To learn more in detail, and read the report in full, hit the button at the top of the page, complete the form and download our identity fraud report today.
Download Veriff's latest eBook, for a look at the current fraud landscape for fintechs and the effects of long-term investment in identity verification for burgeoning businesses.
Businesses open themselves up to more fraud if they don’t have comprehensive identity verification in place for new users, and both their conversion rates and fraud prevention suffer. According to a recent report from Gartner®, there are ways to mitigate fraud while balancing the impact these products have on user experience and budgets — but the challenge lies in choosing the right vendor.
Veriff contributed to the 2022 edition of The Paypers Financial Crime and Fraud Report, which shares expert insights and best practices of fraud prevention and risk management. The report also includes an exclusive interview with our CPO and Co-Founder, Janer Gorohhov. Download it today!