synthetic identity theft

Deep Dive: Orchestrating Complex Authentication And Fraud Decisioning
Deep Dive: Orchestrating Complex Authentication And Fraud Decisioning
February 18, 2020  |  Fraud Prevention

Banks are increasingly embracing new channels to offer seamless omnichannel services to their customers, but doing so often creates silos that handle large amounts of...

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How AI Helps Marketplaces Fight Off-Platform Fraud
How AI Helps Marketplaces Fight Off-Platform Fraud
January 16, 2020  |  Fraud Prevention

Fraudsters are starting off the new decade armed with the stolen data and credentials of millions of global consumers, and they are already putting that...

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Synthetic Fraud’s Slow Roll Across FIs
Synthetic Fraud’s Slow Roll Across FIs
December 23, 2019  |  Security & Fraud

Impersonation fraud — where a cybercriminal pretends to be someone they aren’t in an attempt to make off with funds — gets a lot of...

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How US Bank Is Using Machine Learning To Tackle Fraud
How US Bank Is Using Machine Learning To Tackle Fraud
September 18, 2019  |  Digital Banking

For FIs, staying secure requires a fundamental shift in how they protect against account opening fraud and synthetic identity theft, says Dominic Venturo, executive vice...

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U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud
U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud
September 17, 2019  |  Digital Banking

Banks lost about $4 billion to account takeover (ATO) fraud attempts last year and the losses are set to further increase as this year progresses. ATO...

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Synthetic Identity Theft On The Rise
Synthetic Identity Theft On The Rise
September 14, 2017  |  Security & Fraud

A new type of credit card fraud is emerging, dubbed “synthetic identity theft.” In instances of synthetic identity theft, cybercriminals create new identities to credit...

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