{"id":130388,"date":"2024-03-08T11:17:54","date_gmt":"2024-03-08T11:17:54","guid":{"rendered":"https:\/\/feedzai.com\/?post_type=resource&#038;p=130388"},"modified":"2024-03-08T11:17:54","modified_gmt":"2024-03-08T11:17:54","slug":"new-account-fraud-solution","status":"publish","type":"resource","link":"https:\/\/feedzai.com\/resource\/new-account-fraud-solution\/","title":{"rendered":"New Account Fraud Solution"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row row_height_percent=&#8221;0&#8243; override_padding=&#8221;yes&#8221; h_padding=&#8221;2&#8243; top_padding=&#8221;3&#8243; bottom_padding=&#8221;3&#8243; back_color=&#8221;color-178680&#8243; back_image=&#8221;130416&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;3&#8243; column_width_percent=&#8221;100&#8243; shift_y=&#8221;0&#8243; z_index=&#8221;0&#8243; uncode_shortcode_id=&#8221;429868&#8243; back_color_type=&#8221;uncode-palette&#8221; row_height_pixel=&#8221;570&#8243; shape_dividers=&#8221;&#8221;][vc_column column_width_percent=&#8221;100&#8243; position_vertical=&#8221;middle&#8221; align_horizontal=&#8221;align_center&#8221; gutter_size=&#8221;0&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; width=&#8221;1\/1&#8243; uncode_shortcode_id=&#8221;135593&#8243;][vc_custom_heading text_color=&#8221;color-142326&#8243; heading_semantic=&#8221;h3&#8243; text_size=&#8221;h6&#8243; text_weight=&#8221;600&#8243; css_animation=&#8221;curtain-words&#8221; uncode_shortcode_id=&#8221;108424&#8243; text_color_type=&#8221;uncode-palette&#8221;]Solution Sheet[\/vc_custom_heading][vc_custom_heading text_color=&#8221;color-xsdn&#8221; heading_semantic=&#8221;h1&#8243; text_font=&#8221;font-340491&#8243; text_size=&#8221;fontsize-179925&#8243; text_weight=&#8221;700&#8243; text_height=&#8221;fontheight-238206&#8243; css_animation=&#8221;curtain-words&#8221; animation_delay=&#8221;200&#8243; uncode_shortcode_id=&#8221;399984&#8243; text_color_type=&#8221;uncode-palette&#8221;]Stop Fraudsters at the Front Door[\/vc_custom_heading][vc_empty_space empty_h=&#8221;3&#8243;][vc_button button_color=&#8221;color-142326&#8243; size=&#8221;btn-lg&#8221; radius=&#8221;btn-circle&#8221; border_width=&#8221;0&#8243; css_animation=&#8221;alpha-anim&#8221; animation_delay=&#8221;800&#8243; link=&#8221;url:https%3A%2F%2Ffeedzai.com%2Faptopees%2F2024%2F03%2FFeedzai_New_Account_Fraud.pdf|target:_blank&#8221; button_color_type=&#8221;uncode-palette&#8221; uncode_shortcode_id=&#8221;170506&#8243;]Download Now[\/vc_button][\/vc_column][\/vc_row][vc_row][vc_column column_width_percent=&#8221;100&#8243; gutter_size=&#8221;3&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_visibility=&#8221;yes&#8221; medium_width=&#8221;0&#8243; mobile_visibility=&#8221;yes&#8221; mobile_width=&#8221;0&#8243; width=&#8221;2\/12&#8243; uncode_shortcode_id=&#8221;369343&#8243;][\/vc_column][vc_column column_width_percent=&#8221;100&#8243; gutter_size=&#8221;3&#8243; overlay_alpha=&#8221;50&#8243; border_color=&#8221;color-gyho&#8221; border_style=&#8221;solid&#8221; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; width=&#8221;8\/12&#8243; css=&#8221;.vc_custom_1621607899549{padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 45px !important;padding-left: 30px !important;}&#8221;][vc_column_text uncode_shortcode_id=&#8221;186969&#8243;]The online account creation process can either initiate a lifelong relationship with a legitimate customer and their financial institution. On the other hand, it can also give criminals an opening to create fake accounts, commit money mule activity, exploit promotional offers, or abuse financial services.<\/p>\n<p>Fraudsters use stolen personally identifiable information (PII) (e.g., social security numbers, credit cards, and social media data), synthetic identity fraud, and bots to commit new account frauds digitally. Too often, new account fraud can go undetected for months after account creation \u2013 leading to serious financial losses for banks.<\/p>\n<p><strong>Download our solution sheet to learn how Feedzai\u2019s New Account Fraud solution:<\/strong><\/p>\n<ul>\n<li aria-level=\"1\">Identifies fraudulent applications<\/li>\n<li aria-level=\"1\">Streamlines the digital account opening process<\/li>\n<li aria-level=\"1\">Improves operational efficiency and save costs<\/li>\n<\/ul>\n<p>[\/vc_column_text][vc_button button_color=&#8221;color-142326&#8243; size=&#8221;btn-lg&#8221; radius=&#8221;btn-circle&#8221; border_width=&#8221;0&#8243; link=&#8221;url:https%3A%2F%2Ffeedzai.com%2Faptopees%2F2024%2F03%2FFeedzai_New_Account_Fraud.pdf|target:_blank&#8221; button_color_type=&#8221;uncode-palette&#8221; uncode_shortcode_id=&#8221;139685&#8243;]Download Now[\/vc_button][\/vc_column][vc_column column_width_percent=&#8221;100&#8243; gutter_size=&#8221;3&#8243; overlay_alpha=&#8221;50&#8243; 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