Search Results for: synthetic id
Money mule fraud is a type of financial scam in which criminals exploit individuals, known as money mules, to transfer stolen money or the...
52 percent of banks report high levels of concern about fraud, making fraud detection in banking top-of-mind. Banking fraud prevention can seem daunting, but...
Credit risk management best practices have been established and followed for years, but new technology and data sources offer lenders an opportunity to refine their credit...
The rise of the digital channel lead to a rise in new types of fraud – like cryptocurrency and buy now, pay later scams....
Here are the fraud trends we expect to see over the coming year: Fake texts from the boss: Given the prevalence of remote work,...
What is elder abuse fraud? Financial abuse is reportedly the fastest-growing form of elder abuse, leaving many Americans vulnerable to theft scams, and putting...
With consumers continuing to take a digital-first approach to everything from shopping to dating and investing, fraudsters are finding new and innovative ways to...
Experian’s Sure Profile was selected as a Platinum winner in the “Fraud and Security Innovation” category in the sixth annual Fintech & Payments awards...
Earlier this year, we shared our predictions for five fraud threats facing businesses in 2021. Now that we’ve reached the midpoint of the year...
In today’s digital-first environment, fraud threats are growing in sophistication and scope. It’s critical for credit unions to not only understand the specific threats...
For the last several months, Experian has participated as the only credit bureau in the pilot of the electronic Consent Based Social Security Number...
Preventing fraud losses requires an understanding of each individual fraud type—including third-party, first-party, synthetic identity, and account takeover fraud—and how they differ from one...
Over the last several weeks, I’ve shared articles about the problems surrounding third-party, first-party and synthetic identity fraud. To wrap up this series, I’d...
It’s obvious that 2020 was a year of unprecedented change and created brand new opportunities for fraud. In 2021, fraudsters will continue to iterate...
To combat the growing threat of synthetic identity fraud, Experian recently announced the launch of Sure ProfileTM, a revolutionary change to the credit profile...