# Sigma First-Party Fraud

## Stop repeat abusers at scale

Accurately predict risk and abuse patterns with unprecedented visibility into suspicious activity across the broader digital economy.

## Tackle first-party fraud with unrivaled consortium intelligence

Harness the power of the industry’s first solution purpose-built to detect first-party fraud across the entire customer lifecycle. Backed by the largest cross-industry consortium, it uncovers abuse and risk patterns across institutions so you can predict bad-faith behavior and stop bad actors at scale.

## Key Benefits

### Cut financial losses

Understand user intent and confidently act on risk before losses occur.

### Boost operational efficiency

Streamline investigations and prioritize claims worth challenging.

### Build consumer trust

Create a seamless and reliable experience for good customers.

### Identity Certainty, Together: How Green Dot Fights First-Party Fraud

First-party fraud is tough to detect—because the people behind it pass KYC and look legitimate. In this video, Green Dot’s Mandy Goettelman shares how her team uses Socure’s Sigma First-Party Fraud and cross-institution intelligence to expose hidden risk and stop abuse before it impacts the bottom line.

[Watch Now](https://www.youtube.com/watch?v=HtWt_9HJT0c&source_page=%2Fproducts%2Fsigma-first-party-fraud)

## Detect bad-faith actors before they strike

Get detailed insights from the largest cross-industry consortium, predictive risk scores, and real-time alerts to detect bad-faith actors at account opening and beyond.

## Spot risky behaviors with cross-industry insights

Gain unprecedented visibility into fraud behaviors with comprehensive identity insights from the largest cross-industry consortium.

## Detect repeat dispute abusers before the first chargeback

Stop known and emerging abusers with a first-of-its-kind dispute abuse model and real-time risk score that identifies identities likely to exploit dispute processes across organizations.

## Understand user intent before losses occur

Leverage a predictive risk score that detects when a real identity is being manipulated in ways that signal bad-faith behavior and potential downstream loss.

## Act instantly on emerging risks with real-time alerts

Receive instant alerts when a consumer’s risk profile changes, empowering teams to take action before risks escalate to losses.

## Key Capabilities

### Advanced technology and analytics

Uses Socure’s battle-tested AI and machine learning to analyze millions of identities and billions of transactions, identifying risk signals and behavior patterns associated with first-party fraud.

### Unmatched data coverage

Powered by the largest and only cross-industry First-Party Fraud Consortium, uncovering bad actors and abuse patterns often missed by bank-only data and general-purpose fraud tools.

### Purpose-built for first-party fraud

Designed specifically to detect the nuances of first-party fraud across the customer journey to ensure accurate detection of high-risk or manipulated identities and prevent misclassification.

### Real-time alerts and monitoring

Delivers instant alerts when an identity’s risk profile changes, enabling fast action to prevent fraud, reduce losses, and stop abuse before it escalates.

## Consortium Members Include:

## Resources

### Report

**First-Party Fraud**

Socure Identity Risk Insights: Defining and Solving the Elusive Challenge of First-Party Fraud

[Read more](https://offers.socure.com/socure-report-solving-first-party-fraud.html?_gl=1*3cy0br*_gcl_au*NzQ0ODA3MTY3LjE3MzQwMTExMjI.*_ga*MjA3MDk1MTYwLjE3MjU4NzU4Mzc.*_ga_61WVZV06LF*MTczNTY1NzkzMi43NS4xLjE3MzU2NTgzODYuNTkuMC4yMzEyMTM4Njg.&source_page=%2Fproducts%2Fsigma-first-party-fraud)

### Insights Guide

**Unlock Trustworthy Financial Ecosystems**

Learn the key benefits of a strong identity verification software.

[Read more](https://offers.socure.com/SRIN-Insights-Guide.html?_gl=1*1nmgg4n*_gcl_au*NzQ0ODA3MTY3LjE3MzQwMTExMjI.*_ga*MjA3MDk1MTYwLjE3MjU4NzU4Mzc.*_ga_61WVZV06LF*MTczNTY1NzkzMi43NS4xLjE3MzU2NTg0NDguNjAuMC4yMzEyMTM4Njg.&source_page=%2Fproducts%2Fsigma-first-party-fraud)

### Blog

**Reinforcing the Fight Against Synthetic Identity Fraud**

With synthetic identity fraud growing in scale, Socure’s multilayered approach offers a critical line of defense.

[Read more](/content/blog/reinforcing-the-fight-against-synthetic-identity-fraud/index.html)