Small Business Lending Fraud Surged 13.6% Last Year
The increased use of remote and digital channels is the biggest factor driving consistent SMB lending fraud growth.
Read Study2024 Small Business Lending Fraud Study
Discover which fraud prevention strategies are most effective.
Banks, credit unions and digital lenders continue to face rising small- and mid-sized business (SMB) lending fraud, according to the latest study by LexisNexis® Risk Solutions. Despite growing fraud rates, there is a notable shift toward early detection and proactive prevention strategies.
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