1、2024 SMB Lending Fraud Study2024 SMB Lending Fraud2LexisNexis Risk Solutions sought primary market research with lenders to understand small and midsize business(SMB)lending fraud.The intent is to generate insights in this area in order to create an industry benchmark to support lenders efforts to s

2、tem SMB lending fraud and understand best practices.Specific objectives included to understand:The volume of SMB lending fraud and through which channels;How SMB lending fraud is identified and tracked;The types of SMB fraud experienced;Priorities,internal activities,and levels of investment for cur

3、bing SMB lending fraud,including solutions usage;andAny differences in the above by size or type of organization.Perceived efficacy of lenders in detecting and preventing fraud across a spectrum of complexity.20242024SMB LendingSMB LendingFraud StudyFraud StudyOverviewOverviewKey Findings#1Fraud Tre

4、nds#2#2Fraud Costs#3#3Channel Risks#4#4Solutions Use#5#5Smart PracticesRecommendationsBackgroundBackground2024 SMB Lending FraudMethodologyMethodologyLexisNexis Risk Solutions retained KS&R,a global market research firm,to conduct this research study.Data was collected by phone during October and No

5、vember 2023.A total of 135 completions 135 completions were obtained,broken out as follows:Respondents included those with responsibility for making risk and fraud assessments/decisions for current and potential SMB customers.SMBs were defined as businesses earning up to$10,000,000 in annual revenue

6、.LexisNexis Risk Solutions was not identified as the sponsor of the research in order to lessen potential for brand bias.*Though included in the data set and reflected in total-level findings,payment processors are not reported as a segment due to low N size.TotalTotal$10B Asset$10B Asset Banks/Cred