
We bought a verified bank account online. Financial institutions should be terrified
Research into verified account markets reveals a growing fraud ecosystem that helps criminals bypass KYC and gain access to active financial accounts.

Research into verified account markets reveals a growing fraud ecosystem that helps criminals bypass KYC and gain access to active financial accounts.

Account farmers vary widely in sophistication, requiring firms to look beyond KYC and use behavioural, device and lifecycle signals to detect fraud.



