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Identity Farming in Fintech: The Plague of Multiple Signups and Fake IDs
Join us as we discuss the increasing use of stolen IDs to carry out fraud on financial technology platforms.
About the event
The use of fake IDs to create multiple accounts, known as "identity farming," is an issue in the fintech industry. Individuals create accounts under different fake identities in order to take advantage of account opening bonuses or other promotions. This fraudulent behaviour harms companies by costing them money and enabling the abuse of their services.
In this webinar, Dojah and Cowrywise discuss identity farming and how bad users find loopholes and how fintech service providers can avoid being taken advantage of.
Here's what you'll learn:
- What is identity farming and how does it happen?
- How bad actors take advantage of weak points
- Impact of identity farming on businesses and customers
- How to fight back and ensure your customers are safe.
- What to expect in identity-related fraud and how businesses need to prepare.
Watch this webinar
Join us as we discuss the increasing use of stolen IDs to carry out fraud on financial technology platforms.