Digital DNA Helps Online Lenders Make New Account Fraud an Old Problem
Stolen identities are available for as little as $8 on the dark web, making new account fraud more commonplace and usernames and passwords an ineffective authentication tool. In the Monetizing Digital Intent Tracker, a PYMNTS and
Neuro-ID collaboration, Paul Zhang, chief technology officer at Avant, discusses how behavioral analytics can provide a potent defense against new account fraud.