Featured Blog
Synthetic Identities: Part Three, A Fraud vs. Credit Risk Perspective
Our previous posts examined the different types of synthetic identity fraud, including manipulated and manufactured, which vary in construction, intent and degree of financial harm. Part three of our series examines how the diversity in synthetic identity behavior impacts …
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Credit risk or hot prospect? Millennials and back-to-school credit
In 2015, ID Analytics released a report Millennials: High Risk or Untapped Opportunity which debunked the myth that millennials are less interested in traditional credit and financial services than previous generations. The findings of the study indicated that millennials represent …
Update from the Hill: Identity Theft Protection via Free Credit Report Freezes
My recent updates from the Hill have focused on identity fraud protection elements in the Economic Growth, Regulatory Relief, and Consumer Protection Act, that goes into effect this month. In this briefing, I will cover a provision of the …
Fraud Risk Management in the Data Breach Era
Fraudsters are incredibly adept at changing tactics, making fraud risk management challenging. To further complicate this, several fraud trends have emerged over the past few years. According to Javelin, in 2017 the rate of account takeover fraud (ATO) tripled, and …
Synthetic Identity Fraud: Part Two, The Evolving Threat
In our previous blog we discussed the significant problem of synthetic identity fraud and established that ‘symptom’ solutions, which help detect and address some forms of synthetic fraud, are not enough in the industry’s fight against this evolving threat. This …
