Expanded Predict New Account Risk capabilities from Early Warning® harness shared data to help banks and credit unions fight fraud
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.
No question about it: Artificial intelligence (AI) is booming. Advances in machine learning (ML)—and the emergence of generative AI in particular—are making big waves. And across the financial landscape, AI fraud prevention has become a major concern...
Behavioral analytics and entity linking come together with risk decisioning in a comprehensive authentication platform
Explore this report on the state of synthetic identity fraud to understand the trends, challenges, and countermeasures banks are deploying to fight it.
An executive at a religious financial institution is tempted to live a double life: empower the customers wanting to find their purpose or steal from the institution that helps them do so. A story of embezzlement, deceit and fraud.