Sponsor: SAS
This session outlines the growing threat of first-party fraud (FPF), where legitimate customers exploit financial systems for personal gain.  It highlights key fraud types, quantifies the increasing financial impact, and shows potential projections reaching billions in losses.  

To counter the evolving risk, there is an urgent need for cross-industry collaboration, advanced analytics, and stronger authentication to mitigate risk and protect trust across issuers, merchants, and deposit institutions.