Report
Published October 6, 2025
Fraud Management
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.
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