Application Fraud: Its Impacts on Enterprises and CustomersFICO's Andy Pollock on How to Detect, Prevent This Crime at All Levels
Global economic conditions have led to an increase in application fraud, and it's having significant impacts on financial institutions and their customers alike. Andy Pollock of FICO discusses the trend and how institutions can respond to it with enhanced detection and prevention capabilities.
In this video interview with Information Security Media Group, Pollock discussed:
- Application fraud trends;
- Its impacts on institutions and customers;
- How to address this growing problem.
Pollock is a fraud and risk professional with over 20 years of experience working within the financial crime arena. He has worked for and consulted with major banks, card issuers and insurance providers globally, specializing in fraud prevention and detection strategies across plastic, application, payment, insurance and employee fraud.