KUALA LUMPUR, Malaysia, Sept 26 (Bernama-BUSINESS WIRE) —
(NYSE: FICO):
Highlights
• More than half of Malaysians (55%) think it’s OK or normal for people to exaggerate their income on loan applications, significantly more than the global average of 39%
• More than one in six (18%) of Malaysians believe it’s normal for people to deliberately misrepresent their income on mortgage applications
• Falsifying insurance claims is viewed as the most taboo form of fraud, with close to half (49%) of Malaysian respondents believing it is not acceptable
Global analytics software leader FICO today shared its latest global consumer fraud research, revealing alarming attitudes toward first-party financial fraud both globally and in the Malaysian market.