<p>This season of <em>Tech Talk with 20for20</em> begins with a fundamental question: why is fraud such a difficult problem for multifamily operators to solve? Dom Beveridge is joined by three experts, <strong>Jamie Borodin  </strong>(<a href="https://www.docuverus.com/"><em>Docuverus</em></a><em>)</em>, <strong>Mark Fiebig</strong> (<a href="https://www.payscore.com/"><em>Payscore</em></a>) and <strong>Tim Ray</strong> (<a href="https://www.verifast.com/"><em>Verifast</em></a>), to break down what makes this problem uniquely complex, and why so many operators underestimate it.Fraud prevention, they explain, is not a single task but a constantly moving target shaped by technology, incentives, and human behavior. The discussion explores:</p><ul><li><strong>The fundamentals of fraud</strong> - understanding the difference between first-party, third-party, and synthetic fraud, and why most issues stem from falsified or edited documents rather than stolen identities.</li><li><strong>Managing acceptable risk</strong> - the balance between minimizing bad debt and maintaining occupancy, and why different asset classes require different levels of strictness.</li><li><strong>Technology philosophies</strong> - the divide between <em>document-first</em> and <em>bank-linking-first</em> approaches, and why most effective solutions use both to separate the “fast lane” for good applicants from slower lanes for those who need deeper scrutiny.</li><li><strong>The growing challenge of organized fraud</strong> - how social media, AI tools, and “fraudpreneurs” have industrialized deception.</li><li><strong>Why we need specialist providers</strong> - what are operators getting from their best-of-breed providers that they can’t get from their PMS or platform suppliers?</li></ul><p><strong>Sponsors for this episode:</strong></p><p><a href="https://westernreporting.com/"><u>Western Reporting</u></a>, resident screening and income verification  by <a href="https://inhabit.com/"><u>Inhabit</u></a></p><p><a href="https://www.eliseai.com/"><u>EliseAI</u></a>, AI-driven automation that helps streamline communications and improve operational efficiency.</p><p>To get access to the latest 20for20 articles, papers and news about forthcoming events, subscribe to our blog at <a href="http://20for20.com"><u>20for20.com</u></a>.</p><p>Connect with Dom Beveridge (Principal, 20for20) via <a href="https://www.linkedin.com/in/dombeveridge/"><u>LinkedIn</u></a>, or email to <a href="mailto:dom@20for20.com"><u>dom@20for20.com</u></a>.</p><p><br><em>Our theme, “Beautiful Geometry” by </em><a href="https://freemusicarchive.org/music/Phish_Funk/"><em>Phish Funk</em></a><em> is licensed under a </em><a href="https://creativecommons.org/licenses/by-nc/3.0/"><em>Attribution-NonCommercial 3.0 International License</em></a><em>.</em></p>

Tech Talk with 20for20

Dom Beveridge

S4 E01: What’s So Difficult About Multifamily Fraud?

OCT 30, 202549 MIN
Tech Talk with 20for20

S4 E01: What’s So Difficult About Multifamily Fraud?

OCT 30, 202549 MIN

Description

<p>This season of <em>Tech Talk with 20for20</em> begins with a fundamental question: why is fraud such a difficult problem for multifamily operators to solve? Dom Beveridge is joined by three experts, <strong>Jamie Borodin  </strong>(<a href="https://www.docuverus.com/"><em>Docuverus</em></a><em>)</em>, <strong>Mark Fiebig</strong> (<a href="https://www.payscore.com/"><em>Payscore</em></a>) and <strong>Tim Ray</strong> (<a href="https://www.verifast.com/"><em>Verifast</em></a>), to break down what makes this problem uniquely complex, and why so many operators underestimate it.Fraud prevention, they explain, is not a single task but a constantly moving target shaped by technology, incentives, and human behavior. The discussion explores:</p><ul><li><strong>The fundamentals of fraud</strong> - understanding the difference between first-party, third-party, and synthetic fraud, and why most issues stem from falsified or edited documents rather than stolen identities.</li><li><strong>Managing acceptable risk</strong> - the balance between minimizing bad debt and maintaining occupancy, and why different asset classes require different levels of strictness.</li><li><strong>Technology philosophies</strong> - the divide between <em>document-first</em> and <em>bank-linking-first</em> approaches, and why most effective solutions use both to separate the “fast lane” for good applicants from slower lanes for those who need deeper scrutiny.</li><li><strong>The growing challenge of organized fraud</strong> - how social media, AI tools, and “fraudpreneurs” have industrialized deception.</li><li><strong>Why we need specialist providers</strong> - what are operators getting from their best-of-breed providers that they can’t get from their PMS or platform suppliers?</li></ul><p><strong>Sponsors for this episode:</strong></p><p><a href="https://westernreporting.com/"><u>Western Reporting</u></a>, resident screening and income verification  by <a href="https://inhabit.com/"><u>Inhabit</u></a></p><p><a href="https://www.eliseai.com/"><u>EliseAI</u></a>, AI-driven automation that helps streamline communications and improve operational efficiency.</p><p>To get access to the latest 20for20 articles, papers and news about forthcoming events, subscribe to our blog at <a href="http://20for20.com"><u>20for20.com</u></a>.</p><p>Connect with Dom Beveridge (Principal, 20for20) via <a href="https://www.linkedin.com/in/dombeveridge/"><u>LinkedIn</u></a>, or email to <a href="mailto:[email protected]"><u>[email protected]</u></a>.</p><p><br><em>Our theme, “Beautiful Geometry” by </em><a href="https://freemusicarchive.org/music/Phish_Funk/"><em>Phish Funk</em></a><em> is licensed under a </em><a href="https://creativecommons.org/licenses/by-nc/3.0/"><em>Attribution-NonCommercial 3.0 International License</em></a><em>.</em></p>