scam
First-Party Fraud: An Evidence-to-Finance Checklist
A missed payment is an outcome, not an explanation A loan becomes delinquent. The customer stops responding. An analyst notices inconsistencies in the original application. The account now has a credit-loss outcome and a possible first-party fraud concern. Those are related observations, but they answer different questions. First-party fraud describes misconduct by...
Resale Marketplace Trust: Catching Bad Actors Without Losing Good Members
In 2025, the U.S. secondhand market grew nearly four times faster than the broader retail clothing market. By 2030, it’s projected to reach $78.8 billion. (ThredUp 2026 Resale Report). That growth creates opportunity for marketplaces. It also creates cover for fraud. As millions more buyers, sellers, listings, and transactions enter the ecosystem,...
Illicit Flows are Compounding Faster than the Global Economy
When illicit financial activity climbs to an estimated $4.4T in a single year, the number becomes staggering. But the more destabilizing story is the rate of change behind it: a 19.2% compound annual growth rate (CAGR) from 2023 to 2025—far outpacing global GDP growth of 3.6%. That level of compounding signals that the...
Right Password, Wrong Person: Catching Account Takeover Through Behavior, Not Identity
The fraud is coming from inside the house Imagine a house sitting quiet while its owners are away on vacation. A few weeks earlier, someone posing as a representative from the security company had called and asked them to verify their alarm code over the phone. They gave it up without a...
The Fraud Fight Has Reached an Inflection Point. Here’s What That Means for Your Team.
I’ve been in the industry for over 20 years, traveled around the country to conferences, and listened to dozens of panels and keynotes. More times than not, the “next big thing” turns out to be a passing fad, or a shift that takes years to fully materialize. This was not the case...
Funding, Investment, Acquisitions & IPOs – Q2 2026
Q2 2026 has wrapped up! Time for our quarterly investment update. Explore the latest funding rounds and acquisitions in the world of fraud prevention, identity verification, and risk mitigation — a quarter defined by a landmark raise in AI-powered decision automation, a wave of Series A capital flowing into compliance tooling across...
Dating Apps are Having an Identity Crisis
Last year, a convicted criminal turned up on Bumble as "Steve, 53." The world knows him by another name. His profile pics were of Hamish McLaren, one of Australia's most documented serial con men, convicted of defrauding fifteen victims of more than $7.6 million AUD, with global losses estimated at over $70...
Defeating Deepfakes: Securing the Lens and the Mobile Network
I was reading a recent piece in Infosecurity Magazine about biometric fraud, and it got me thinking about how quickly the identity verification industry has changed over the past few years. For a long time, identity fraud followed a relatively familiar pattern. Criminals needed stolen credentials, compromised databases, intercepted SMS messages, or...
The Five Patterns of Customer Attrition: A New Framework for Proactive Retention in Banking
Introduction Customer attrition is one of the most persistent and misunderstood challenges in retail banking. Most institutions treat it as a single problem — a customer leaves, and the bank reacts. But beneath that surface, attrition is not one behavior. It is a set of distinct behavioral patterns, each driven by different...
When Account Takeover Prevention Goes from ‘Strategy’ to ‘Gamble’
Account takeover doesn’t begin at login. Fraud prevention cannot afford to begin there either. By Craig Currim| SVP, Global Solutions Engineering & Strategy at Memcyco At Fraud Fight Club Round III, one question kept surfacing. Are we making fraud decisions too late in the attack lifecycle?Across discussions with fraud, security, and risk...