identity fraud

An Insider on Why Banks Must Collaborate to Stay Ahead of Fraud
An Insider on Why Banks Must Collaborate to Stay Ahead of Fraud
December 15, 2022  |  Digital Identity

With a single fake identity, bad actors can wreak havoc by going from bank to bank and exploiting it for all they can get. In...

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PYMNTS Intelligence: Leveraging Technology to Combat Identity Fraud
PYMNTS Intelligence: Leveraging Technology to Combat Identity Fraud
November 04, 2022  |  Fraud Prevention

A recent study found that businesses lost $52 billion to identity fraud in 2021, a shocking 79% increase year over year. This fraud was split...

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Learn From an Insider How Data Is Key to Preventing Identity Fraud
Learn From an Insider How Data Is Key to Preventing Identity Fraud
November 03, 2022  |  Fraud Prevention

PYMNTS interviewed Lien Nguyen, senior vice president of fraud prevention at Bank of the West, about the top identity fraud threats and how to stop...

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Preventing Identity Fraud Comes Down to Effective Use of Data
Preventing Identity Fraud Comes Down to Effective Use of Data
November 02, 2022  |  Fraud Prevention

Identity fraud has been growing in recent years and had a notable increase in 2021. Identity theft alone accounted for $56 billion in losses that...

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PYMNTS Intelligence: Combining Pre-Submit and Post-Submit Data to Stop Digital Fraud
PYMNTS Intelligence: Combining Pre-Submit and Post-Submit Data to Stop Digital Fraud
July 04, 2022  |  Authentication

Identity fraud is a growing problem in the United States. Losses due to identity fraud were up 79% year over year in 2021 to a...

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PYMNTS Intelligence: Leveraging Behavioral Analytics To Counter Identity Fraud
PYMNTS Intelligence: Leveraging Behavioral Analytics To Counter Identity Fraud
June 02, 2022  |  Authentication

The pandemic has altered day-to-day life in countless ways, driving a digital shift in banking, commerce and countless other services. For the first time, eCommerce...

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Cortex Management on Utilizing Behavioral Analytics to Reduce Customer Frictions and Limit Identity Fraud
Cortex Management on Utilizing Behavioral Analytics to Reduce Customer Frictions and Limit Identity Fraud
June 01, 2022  |  Authentication

In this month’s "Monetizing Digital Intent Tracker," Nitesh Harsh, director of risk portfolios for Cortex Management, tells PYMNTS about the urgent fraud prevention upgrade needed...

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Legacy Fraud Techniques No Match For Cybercriminals Using ‘Weaponized’ Identity Credentials
Legacy Fraud Techniques No Match For Cybercriminals Using ‘Weaponized’ Identity Credentials
May 31, 2022  |  Authentication

Identity fraud is one of the most pressing cybersecurity threats today, with 2.5 million identities stolen each year and affecting more than 15 million people...

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PYMNTS Intelligence: Leveraging Behavioral Analytics to Prevent Synthetic Identity Fraud
PYMNTS Intelligence: Leveraging Behavioral Analytics to Prevent Synthetic Identity Fraud
February 24, 2022  |  Authentication

Identity theft is a well-established and prevalent threat, with 15 million Americans falling victim to it every year. Bad actors deploy a wide variety of tactics...

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