Detecting and preventing application fraud requires more than just credit scorecards. The ability to process applications and make connections to previous fraud can go a long way to detect and prevent application fraud.
Application Fraud – Tackle it head on using ATREUS.
Application fraud manifests in different ways but the overarching principle that applies to Application fraud is those customers who come in with an intent to defraud the organization – i.e. applying for products or services for which they have no intent to pay.