The changing face of fraud and how lenders can keep up
Fraud isn’t just increasing—it’s becoming more sophisticated with AI. According to a new report by Celent, 82% of lenders are experiencing rising fraud losses as legacy detection systems fall behind.
About
Lenders relying on fragmented, manual approaches are seeing losses climb, costs increase, and decisions slow. Meanwhile, financial institutions that are embedding fraud intelligence directly into underwriting are moving faster, reducing risk, and protecting portfolio performance.
In this discussion, hear from Craig Focardi, Principal Analyst at Celent, and Sean McCarron, Product Marketer for Underwriting & Fraud Detection at Zest AI, as they explore how leading financial institutions are evaluating and adapting to this new fraud landscape.
Celent is a leading research and advisory firm focused on technology for financial institutions globally. For over 20 years, Celent has helped executives make confident decisions around their technology strategies to execute at scale.
What you'll learn
Why traditional fraud controls are failing against modern, AI-driven attacks.
How fraud risk impacts credit performance and portfolio losses.
What it means to integrate fraud detection into underwriting decisions.
How data-sharing consortiums, AI, and automation are reshaping fraud prevention.
