IDology Releases 2014 Fraud Report: Increase in Suspected Fraud Attempts; Fraudsters Continue to Target Website Applications

Additional highlights from IDology’s 2014 Fraud Report: Credit, Debit & Prepaid Card Fraud Remains a Concern; Confidence in preventing certain types of fraud declines; Customer awareness of fraud increases while fraudsters continue to shift tactics; Small dollar fraud prevails; Several regions see an increased amount of suspected fraud.

IDology, a leading provider of on-demand identity verification and fraud prevention solutions for anyone conducting business in a customer-not-present environment, today announced the launch of their 2014 Fraud Report which polled senior executives from IDology’s comprehensive customer base in order to collect and analyze their expertise as it relates to suspected fraud throughout their industry.

“We are excited to have launched our annual Fraud Report,” said John Dancu, CEO of IDology. “As the fraud landscape continues to evolve, organizations of all sizes and scope are asking a crucial question – how do they control the increasing levels of fraud while still growing their business? This is a fine line and one that businesses must walk daily. This Fraud Report presents the collective input of some of the world’s most talented and diligent anti-fraud practitioners and provides useful insights to assist other organizations in their business and fraud prevention practices.”

To download the complete report, visit https://ww2.idology.com/lp/2014fraudreport.html.

About IDology, Inc.

IDology, Inc. provides innovative technology solutions that verify an individual’s identity and/or age for organizations operating in a customer-not-present environment. The IDology platform serves as a collaborative hub for monitoring and stopping fraudulent activity across the entire network while also driving revenue, decreasing costs and meeting compliance regulations. Founded in 2003, IDology offers a solution-driven approach to identity verification and fraud prevention, providing streamlined processes that ultimately help increase customer acquisition and improve the overall customer experience. IDology has developed an on-demand technology platform that allows customers to control the entire proofing process and provides the flexibility to make configuration changes that are deployed automatically – without having to rely on internal IT resources or IDology’s customer service – so customers can stay ahead of the fraud landscape while also maintaining compliance. For more information, visit http://www.idology.com or call 866-520-1234.

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