Emailage, global leader in online fraud prevention and email risk assessment, has teamed up with Featurespace, the world leader in risk detection and fraud prevention, to protect global eCommerce and financial services organizations from the growing threat of online application fraud. Application fraud grew by £29.4m (or 159 per cent) last year, according to UK Finance. Application fraud occurs when criminals use stolen or fake documents to open an account in someone else's name. The main driver of this is a result of data harvesting through various phishing techniques. With this intrusive form of fraud on the rise, businesses need new fraud prevention methods which can analyze the digital identity of the applicant.