Identity fraud has no respect for international or industry borders. It’s a constantly evolving, global issue impacting businesses across every industry and in every country around the world. More recently, the potentially devastating results of identity fraud have been highlighted by the increasingly sophisticated way fraudsters are operating. The power of AI and machine learning is now harnessed by criminals to launch widespread, complex attacks which means, despite the best efforts of those dedicated to fighting identity fraud, detection and prevention is more challenging than ever.
https://www.finextra.com/blogposting/26436/collaboration-the-secret-sauce-to-fighting-identity-fraud