In 2024, identity fraud cost consumers over $27 billion, with account takeover alone responsible for nearly $16 billion in losses. The newest findings from Javelin Strategy & Research uncover how fraudsters are combining traditional tactics with generative AI to exploit identity systems across both physical and digital channels.
This session was hosted by fraud experts Jennifer Pitt from Javelin and Carmel Maher from Mitek where they broke down key takeaways from the Javelin 2025 Identity Fraud Study: Breaking Barriers to Innovation. We explored how today’s hybrid fraud landscape demands a new generation of real-time, AI-powered identity verification and fraud prevention solutions. Explore:
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How fraudsters are blending analog and AI-based tactics to bypass outdated security
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The role of biometrics and multi-layered identity strategies in preventing new account fraud
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What deepfake detection, check fraud analysis, and behavioral analytics must look like in 2025
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Why consumers are demanding transparency and security when it comes to AI
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The fallout of identity misuse and why ATO victims are losing trust