DataVisor - Digital Fraud - November 2022 - Explore the types of identity fraud facing corporates and the different fraud prevention solutions companies can use to verify customers and limit customer friction

Fraud Takes On A New Identity

Preventing Identity Fraud Comes Down To Effective Use Of Data

In this month’s “Digital Fraud Tracker®,” a collaboration with DataVisor, PYMNTS talked with Lien Nguyen, SVP of fraud prevention at Bank of the West, to hear about the promising new ways the lender is using AI and data to stop identity fraud.

Inside the November Tracker

  • Lien Nguyen, senior vice president of fraud prevention at Bank of the West, tells PYMNTS about the leading identity fraud threats today — and how leveraging data can deflect them.
  • Bad actors’ use of AI to create deepfakes and fabricated identities is a growing threat to eCommerce.
  • PYMNTS explores how businesses can protect themselves through the deployment of advanced AI systems.

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