2025 Future of Fraud Forecast

First-party fraud is notoriously difficult to separate from credit risk — but first-payment default (FPD) can be the key to earlier, more accurate fraud detection.

Key insights:

• What makes first-party fraud and credit risk so difficult to separate (and so costly to misclassify).
• Why FPD is the strongest, most reliable indicator of first-party fraud.
• Actionable takeaways for businesses to combat first-party fraud.

Rental fraud is surging, driven by generative AI (GenAI) and automation, overwhelming leasing systems and increasing financial risk. Experian helps rental companies detect fraud early, protect revenue, and maintain seamless leasing experiences.

• 93% of rental companies reported fraud in the past year 
• Evictions cost over $3,500 each due to misrepresentation 
• 84% of companies saw falsified income documentation

First-party fraud and credit risk are often indiscernible at origination, resulting in misclassified losses. Learn how to separate the two — and why the easiest way to do so may be hiding in plain sight. 

Key insights:

• Why first-party fraud and credit risk are so difficult to differentiate
• The financial and strategic costs of misclassified losses
• How first-payment default can unveil fraud early

Behavioral analytics enables Terrace Finance to stop advanced fraud threats and prevent losses from reaching their partners.

Hear directly from Andy Hopkins, CEO of Terrace Finance:

• Why fraud prevention is a crucial investment area for Terrace Finance
• How behavioral analytics helps Terrace protect its lending partners from evolving fraud attacks
• Hopkins’ advice for other leaders looking to invest in fraud prevention