Case Study: a national retailer achieves over 90% reduction in loan fraud with FraudFighter

National Retailer cuts loan fraud by over 90% in 4 months with FraudFighter

The customer, a national retailer, faced a significant challenge with loan application fraud that was costing them $35,000 to $40,000 per month. They partnered with the vendor, FraudFighter, which implemented a pilot program using its identity authentication solution, the ID-150.

The FraudFighter solution achieved a return on investment in just 30 days, leading to a full-scale rollout. This initiative resulted in an over 90% reduction in loan fraud within four months, drastically cutting the retailer's losses.

National Retailer