Synthetic identity fraud is the fastest-growing type of financial crime in the country and a particularly dangerous challenge for all companies. By combining real and fabricated personal information, ...

Identity fraud, especially so-called synthetic schemes that use completely or partly made-up identities, is on the rise and hitting banks hard. In a classic example of synthetic identity fraud, ...

Will the real you please stand up? I'm not trying to be funny, I just want to alert you to a new and emerging trend among ID-theft criminals who create a "synthetic" you. Most consumers think of ...

Synthetic fraud brings the pain from many angles — a fluid mix of fake credentials and phony accounts that can overwhelm traditional identity theft tools. Processing Content Since the crooks use a ...

Especially in the past few years, compliance has been on the minds of dealers and lenders. But at least one fraud type has been largely overlooked, and it's costing hundreds of millions of dollars in ...