AU10TIX platform INSTINCT reports two-fold increase in synthetic fraud detection
INSTINCT, AU10TIX’s latest platform launched in June, has reported a double increase in synthetic fraud detection, after 15 percent of…
Search Results for: synthetic fraud
Deduce nets $9M investment to scale synthetic identity fraud prevention service
Investors have been betting heavily on generative AI, so it should come as no surprise that big money is also…
Wells Fargo accused of scam involving racketeering, synthetic identity fraud
Wells Fargo has been hit with a putative class action alleging that they worked with a credit reporting agency that…
Fake documents and synthetic identities led to higher fraud in financial services in 2022
Sapio Research and partner Regula have revealed that the impact of identity fraud varies for organizations in the Financial Services industry,…
Synthetic identity fraud to hit $5B in two years. Credit agency practices enabling crime
Could U.S. synthetic fraud losses in 2024 equal the valuation of five unicorns? That is what one digital ID verifier…
AU10TIX brings networked approach to synthetic ID fraud detection from payments to all digital identity
A new platform providing a scaling networked approach to combating synthetic identity fraud has been launched by AU10TIX to bring a…
Synthetic identity fraud growth and prevention best practices detailed in white paper
Synthetic identity fraud (SIF) is not only the fastest growing type of financial fraud in the U.S., it is one…
TSYS releases biometric authentication platform to hamper synthetic ID fraud, account takeover
Payment solutions company TSYS has announced a new authentication platform to prevent synthetic ID fraud and account takeover. TSYS Authentication…
Federal Reserve warns U.S. payments ecosystem of synthetic identity fraud risk
Synthetic identity fraud is a serious and growing problem in the U.S., and can only be dealt with through a…
BioCatch argues synthetic identity fraud renders static identity elements useless
The success of synthetic identity fraud is making the verification of static identity elements largely useless to prevent fraud, and…
