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While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28% – Consumer Electronics Net

4 months ago Jumioโ€™s 2020 Holiday Fraud Report also found that the catch rate for selfie fraud was almost five times greater than for ID fraud, highlighting the growing importance of capturing a selfie during onboarding to deter new account fraud LONDONโ€“(BUSINESS WIRE)โ€“New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification increased 28% in the UK YO...
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Jumio: While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%

(1) Jumios 2020 Holiday Fraud Report also found that the catch rate for selfie fraud was almost five times greater than for ID fraud, highlighting the growing importance of capturing a selfie during onboarding to deter new account fraud New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification increased 28% in the UK YOY for 2020, while the global average fell 23% compared to 2019 levels. ...
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