It’s been a bumpy year for businesses. The pandemic has meant that most (if not all) have had to change their plans for everything from staffing to strategy. For some, it’s opened up new business opportunities. For others, it’s exposed existential threats. One of those threats is now greater than ever before. Fraud already costs the global economy $5 trillion a year. This year, that’s increased again.

In this report, we analyze data from our roster of global clients to understand where current and future risk lies. As document and biometric fraud specialists, we verify the identities of millions of users every year and have a unique perspective on developing trends.

Read Onfido’s Fraud Report 2020 to get best practice advice on how to tackle the latest fraud trends and techniques.

Read the full report here.