Hartmann-Wendels, Thomas; Mählmann, Thomas; Versen, Tobias - In: Journal of Banking & Finance 33 (2009) 2, pp. 347-357
This paper studies empirically the determinants of new account fraud risk within two dimensions: the probability of fraud, and the expected and unexpected (monetary) loss-per-account due to fraud. By fraud risk, we mean the risk that a bank fails to enforce a debt because the identity of the...