The conventional fail-safes for detecting fraudulent accounts are rarely effective when it comes to synthetic identity fraud. Synthetic identity fraud: A look behind the mask, a webinar hosted by American Banker with sponsor content from Equifax, provides authoritative content.
View the on-demand educational webinar to hear the panelists discuss:
How organized criminal rings create and nurture synthetic identities
Why synthetic identities are so difficult to detect and fraud losses are understated
Future growth projections in the use of synthetic identities
Best practices in identity verification techniques that utilize multi-dimensional data
How artificial intelligence and machine-learning algorithms can help discover identity discrepancies and suspicious behavior patterns