This type of identity fraud is something financial institutions (FIs) are keenly aware of but, until lately, it has been difficult to detect and help prevent.
Fighting Synthetic Identity Fraud – Early Warning selected as SSA’s eCBSV Provider Early Warning was named as one of the Social Security Administration’s Participants for the new Electronic Social Security number Verification Service
New synthetic identity fraud detection combines predictive scoring with rules-based solutions.
As the digital economy grows and evolves, it has become increasingly difficult to protect sensitive information, while also meeting customers’ expectations for fast, easy online experiences.
New York, NY

 

Utilization of Early Warning's clearXchangesm network facilitates payments using recipients' mobile numbers or email addresses. BNY Mellon, a global leader in investment management and investment services, today announced that BNY...

Seventy-one percent of financial professionals reported that their organizations were impacted by payments fraud in 20211.

 

The good news? That’s the lowest level reported since 2014. After reaching a record high in 2018 and 2019 (with 80...

Early Warning has earned the top spot as a Digital Identity Provider in PYMNTS.com July 2016 edition of its Digital Identity TrackerTM"
Any organization that offers consumers the ability to pay their bills with their bank account via the web or mobile device must add an additional layer of security before March 19, 2021.
On World Elder Abuse Awareness Day, Early Warning Services, LLC, the network operator of Zelle®, today announced a new partnership with the National Council on Aging (NCOA). The partnership starts with a national campaign featuring financial wellness expert, Amanda Clayman, that delivers guidance on how to avoid falling victim to scams.
The term “Digital Identity” has been popularized to link a consumer to his or her transactions online.
According to a September 2015 bulletin from the U.S. Secret Service and the PCI Security Standards Council, there is a steady increase in fraudsters exploiting vulnerabilities in the account provisioning and verification process for mobile wallets.
Early Warning delivers high assurance and real-time identity confidence for both sides of commerce transactions, enabling Zelle® to become the most trusted payment method of commerce. Best of all, money can move faster and more securely.