Account Origination Fraud

Account Origination Fraud

Account Origination Fraud, or New Account Fraud is a financial crime where a criminal uses stolen or manipulated identity information to open a new account—such as a bank account, a credit card, or a loan—without the legitimate owner's knowledge or consent.

How EyesOnBio Can Help

Our Behavioral Identity Intelligence products analyze unique behavioral patterns—like typing speed, mouse movement, swipe patterns, device interaction and form fill out behaviors and —to uncover identity ownership anomalies. By focusing on how users behave, not just what they fill out in the account opening form, we can expose inconsistencies and anomalies, that static checks miss, and can flag suspicious account originations.

Behavioral Identity Intelligence is a stronger and friendlier approach to fraud prevention as behaviors, unlike passwords and OTPs, cannot be stolen, replicated or phished. The system works seamlessly in the background, analyzing data to detect anomalies and safeguard your business from emerging threats.