Fraud committed by someone other than the genuine customer using stolen, purchased, fabricated, or otherwise misappropriated identity, account, or payment information without the legitimate owner's authorization.
Category: fraud prevention. Part of the Identity Technologist Glossary — more than 200 practitioner-grade definitions covering identity verification, KYC/AML, biometrics, fraud prevention, and compliance. See all terms at https://identitytechnologist.com/glossary.