A computer consultant sells his list of more than 700 synthetic identities to two Florida men to steal millions from COVID-19 relief programs.
Synthetic identity fraud is the fastest growing financial crime in the U.S. and fraudsters are capitalizing on existing blind spots with traditional fraud risk models. Verify Identity is a new account opening tool built with ID Confidence, a Synthetics Indicator and Verify SSN to help stop bad actors from entering the system.
Download the eBook to understand the common fraud tactics that exploit payments and deposits and how a modern strategy for payments and deposit fraud prevention must keep up with industry changes.
Behavioral analytics and entity linking come together with risk decisioning in a comprehensive authentication platform
Unrivaled growth in 2024 underscores the network’s position as a trusted, vital, and valued financial tool for 151 million enrolled user accounts
Arlington, VA (June 5, 2023) – The BBB Institute for Marketplace Trust (BBB Institute), the educational foundation of the International Association of Better Business Bureaus, is pleased to welcome Zelle® as a new member of its Corporate Trust...
This case study has been updated - originally published July 13, 2023
Faster deposit channels like remote deposit capture and same-day ACH make banking more convenient for consumers. But as transactions speed up, deposit loss prevention solutions must...
This blog has been updated. Originally published February 6, 2024.
Zelle® released the following statement regarding the politically motivated copycat lawsuit filed by the New York Attorney General.