In an era of advanced digital verification technologies, application fraud remains a persistent and costly challenge for financial institutions, fintechs, and other industries. Despite robust KYC and AML frameworks, fraudsters exploit blind spots in application processes, leveraging synthetic identities, stolen credentials, and sophisticated social engineering tactics.

This plenary session brings together solution providers and fraud executives to dissect why application fraud continues to thrive, explore its intersection with AML vulnerabilities, and propose actionable strategies to close these gaps. Through a dynamic discussion, panelists will address emerging fraud typologies, the limitations of current verification systems, and the role of technology, collaboration, and regulatory alignment in building a more resilient defense.