Synthetic identity fraud losses rose to an estimated $20 billion in 2020—spiking sharply from an estimated $6 billion in 20161. One of the fastest growing financial crimes in the U.S., synthetic identity fraud is now one of the nation’s leading...
Synthetic identity fraud is the fastest-growing financial crime in the country, and by appearing and acting like legitimate accounts, these identities are challenging for banks, credit unions and other organizations to detect.
Companies across all...
Are your identity verification tools keeping up with today’s quickly evolving threats like synthetic identities and helping your financial institution deliver a great applicant experience with minimal friction?
If there’s room for improvement, this...
In the latest webinar co-hosted by Early Warning® and Nacha, we will discuss account validation beyond payment authorization. Our panel of experts will share five strategies organizations can use to deliver a frictionless multi-channel experience...