Lesson 6 of 6
Running fraud controls: layers, data sharing, measurement and who bears the loss
Lessons 2 to 5 each described controls against one kind of fraud. This lesson puts them together: why controls are layered along the customer's path, how to measure a control by the fraud it catches and the genuine customers it stops, why confirmed cases must be recorded and fed back, why lenders share information, and how three markets decide who bears the loss when a customer is defrauded.
Published 31 October 2026 · Listen to this lesson
In this lesson
- Layers along the customer's path
- Measuring a control: fraud caught and genuine customers stopped
- Confirming fraud and feeding it back
- Sharing information: no lender sees the whole pattern
- Who bears the loss: three markets, three answers
- Running fraud controls as a lender