The May 2025 report outlines the growing threat of first-party fraud, where consumers use real or slightly modified identities to initiate transactions or open accounts with intent to default. Unlike third-party fraud, this form often evades traditional detection and is inconsistently defined across the industry. Commercial solutions targeting it are still emerging, often embedded within broader fraud platforms. Datos Insights evaluated twelve vendors offering turnkey solutions focused on payment disputes and credit default fraud. Financial institutions are urged to assess control frameworks and align mitigation strategies with specific fraud types and risk profiles.

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