<ul><li>ValidiFI found that cross-referencing identity elements against bank account data can help spot fraud risk.</li><li>Consumers with multiple Social Security numbers, email addresses, or phone numbers linked to the same account are at a higher fraud risk.</li><li>Organizations need to implement a multilayered approach to fraud detection beyond standard account validation.</li><li>Heads of payment are experiencing rising uncertainty and direct losses from fraud.</li></ul>

ValidiFI: Cross-Referencing Identity Elements Helps Spot Fraud Risk

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