Glossary

Application fraud

Application fraud is when someone applies for credit using false, exaggerated or stolen information, including stolen or synthetic identities. It drives losses and first-payment default, so lenders screen for it at onboarding with identity and data checks.

Layering identity, device and data signals catches more fraud than any single check, while keeping genuine customers moving.

How Credit Canary helps with application fraud

Credit Canary builds application fraud into one platform for UK lenders, with the data and decisioning behind it.

Identity verification

See application fraud in a working platform

Credit Canary unifies credit risk, affordability and payments for UK lenders. Book a short walkthrough.

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