Posts Tagged ‘ identity verification ’
Banks and other lenders need more advanced tools to help them detect and catch fraud perpetrators, as well as find new ways to improve profit margins on their credit holdings. The lifespan of a fraudster is short, but prolific. After a sharp and unexplained drop in identity thefts in 2010, fraud schemes climbed 12.6 percent [...][ READ MORE ]
The value of the Social Security number (SSN) in the fraud prevention process is an oft-debated topic. Some companies put a great deal of emphasis on the SSN, while others feel the value of it has been lost. Those in the latter category may not even request it from their customers in the application process. [...][ READ MORE ]
