[BioCatch in Find Biometrics] BioCatch Warns that COVID-19 is Leading to More Mule Accounts

There is mounting evidence to suggest that fraud is indeed increasing during the COVID-19 pandemic. BioCatch is now reporting that a full two-thirds of all financial institutions have modified their 2020 projections in response to the outbreak, and are now preparing to deal with higher rates of fraud than initially expected.

Read more here.