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Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding

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Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding


The synthetic ID — the online identity concocted through bits and pieces of information gleaned from far-flung sources, cobbled together by fraudsters — is wreaking havoc. TransUnion found in its latest State of Omnichannel Fraud report that 13.5% of transactions associated with online account…

#transunion #omnichannelfraud #datavisor #fraudclassifier #proactivesteps #advancedtechnologies #coxautomotive #synthetic #ukfintech #detected

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