Detecting and Preventing Fraud with Data Analytics: A Consortium Approach
Nickel & Crime Season 3, Episode 5: Pink-Collar Ponzi Scheme

Do women have an edge when it comes to pulling off financial crime? Some research suggests that they do. It also suggests that while women are actually more likely than men to engage in financial crime, they are often the least suspected. The reason...

Episode 2: Florida Men
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.
Three Best Practices for Preventing Synthetic Identity Fraud Losses
New Digital Account Openings Expose New Fraud Risks
Top U.S. Bank Prevents $29M+ in Losses Using Verify Deposit

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...

Overcome Your Identity Verification Challenges - eBook

Blog originally published December 12, 2022

Download the ebook

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...

Nickel and Crime Season 2 Episode 1
This true crime podcast shines light on a billion-dollar Ponzi scheme that set the solar industry - and some famous investors - ablaze.
Reduce Risk by Using ACH Account Validation or Name Matching

Enhance your company’s consumer experience while decreasing potential misdirected payments, and confidently validate account ownership and status in real-time. In this customer use case, SafeHome has two ways to fulfill its customer’s claim.

 

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Banking for All: Using Alternative Data to Improve Financial Inclusion

A considerable portion of the U.S. population doesn't have fair and affordable access to financial services. Nearly 50 million Americans1, disproportionally comprised of poor and minority communities, cannot fully participate in our nation's banking...

White Paper: Financial Identity Crimes in the U.S.

43% of U.S. consumers experienced financial identity theft – application fraud in their name or account takeover (ATO) – in the past two years1.

These attack patterns are a concern for consumers and for financial executives and only part of the...

How fraudsters exploit omni-channel banking - and how to stop them: 3 ways to prevent deposit fraud with predictive intelligence
Download the whitepaper to learn how to stop deposit fraud with predictive intelligence.