Synthetic ID Fraud: What It Is, How It Works & Real-Life Scenarios

According to the U.S. Federal Trade Commission and Department of Justice, synthetic identity fraud is among the fastest and most difficult to detect fraud trends in financial services today. These fraudsters create identities from the sum of related and unrelated parts. This webinar will explain what synthetic identity fraud is, how these fictitious identities authenticate during CIP onboarding and other knowledge-based authentication protocols, and proven strategies to thwart this evolving threat. This must-attend program will change how your financial institution onboards and authenticates consumer transaction accounts and loans.

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