PALO ALTO, Calif., Dec 13 (Bernama-BUSINESS WIRE) — New data from Jumio, the leading AI-powered trusted identity as a service provider, reveals that new account fraud increased 27.8% worldwide YTD in 2019, compared to full-year 2018 results, and more than 100% compared to 2014 levels. Surprisingly, attempted new account fraud was 19% less during the Black Friday/Cyber Monday weekend (compared to the average 2019 fraud levels), when fraud attempts normally escalate.
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