identity fraud

New Fed Report Recommends ‘Comprehensive Approach’ To Fighting Synthetic Identity Fraud
New Fed Report Recommends ‘Comprehensive Approach’ To Fighting Synthetic Identity Fraud
July 02, 2020  |  Security & Fraud

As a one-size-fits-all solution does not exist for the increasing problem of synthetic identity fraud, The Federal Reserve reports that experts suggest a “comprehensive approach”...

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You Haven’t Been Yourself Lately: Digital Identity Trends 2020
You Haven’t Been Yourself Lately: Digital Identity Trends 2020
January 13, 2020  |  Security & Fraud

The launch of EMV chip cards in the U.S. in the early 2000s had much of the hoped-for effect: By 2017, both Mastercard and Visa...

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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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The Fraud That 85 Percent Of Fraud Detection Systems Miss
The Fraud That 85 Percent Of Fraud Detection Systems Miss
December 10, 2019  |  Security & Fraud

The battle against fraudsters in the digital era has evolved into a never-ending arms race. The tools we use to detect, score and prevent fraud...

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GIACT Ups Fraud Game With Equifax Analytics
GIACT Ups Fraud Game With Equifax Analytics
June 20, 2019  |  B2B Payments

Data analytics company Equifax is teaming up with identity verification solutions provider GIACT Systems to help joint corporate customers mitigate the risk of fraud. In...

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Why Hello Kitty Has A Credit File
Why Hello Kitty Has A Credit File
April 01, 2019  |  Security & Fraud

Synthetic ID fraud costs banks $2 billion a year.  The bad guys are so crafty that the credit bureaus are unwitting accomplices to the fraud. ...

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Consumers Crave Convenience, But Focus On Safety
Consumers Crave Convenience, But Focus On Safety
March 04, 2019  |  Today In Data

There is no shortage of things to worry about in the world of cybersecurity. From data breaches to fraudsters creating synthetic IDs using children’s Social Security numbers,...

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Socure Raises $30M For Healthcare, Public Sector Expansion
Socure Raises $30M For Healthcare, Public Sector Expansion
February 28, 2019  |  Investments

Socure, the provider of identity verification and fraud prevention services, announced Thursday (Feb. 28) it raised $30 million in Series C funding. In a press...

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Allstate To Acquire Employee ID Protection Co InfoArmor For $525M
Allstate To Acquire Employee ID Protection Co InfoArmor For $525M
August 27, 2018  |  Partnerships / Acquisitions

To help address emerging risks facing consumers, The Allstate Corporation said it has agreed to buy identity protection provider InfoArmor, Inc. The deal, a $525...

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