Glossary
Application fraud
Application fraud is when someone applies for credit using false, exaggerated or stolen information, including stolen or synthetic identities. It drives losses and first-payment default, so lenders screen for it at onboarding with identity and data checks.
Layering identity, device and data signals catches more fraud than any single check, while keeping genuine customers moving.
How Credit Canary helps with application fraud
Credit Canary brings the data, decisioning and payments behind Application fraud into one platform for UK lenders.
Identity verificationRelated terms
See Application fraud in a working platform
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