Fintech companies face significant challenges from fraud, which can result in substantial financial losses and hinder growth goals. Fraud not only leads to direct financial costs but also burdens companies with operational costs from dedicated fraud prevention teams, lost revenue from chargebacks, and opportunity costs as certain customer segments or innovations are avoided due to fraud fears. Fraud impacts are evident in new product signups where fraudsters exploit sign-up and referral bonuses, affecting marketing budgets. In loan origination, fraud can lead to substantial financial and reputational losses, with fraudsters using stolen or synthetic identities to obtain loans with no intention of repayment. Transaction thresholds are set to limit fraudulent activities but can inconvenience legitimate customers, potentially driving them to competitors. Fraud also stifles fintech innovation as resources are diverted to fraud prevention, often delaying or diluting new ideas. Device intelligence platforms like Fingerprint offer solutions by providing insights into customer devices, helping to identify fraudulent activities and streamline legitimate customer experiences, which can support fintech growth.