Synthetic ID Fraud: An Eight Billion Dollar Problem
Since 2010, the average fraud rate for synthetic identities has grown by over 100%, quickly emerging as a top risk to financial institutions. This white paper highlights how synthetic fraudsters operate and what can be done to better tackle this increasingly sophisticated threat.
Learn how to capture nearly 50% more fraudsters than currently used tools and applications and reduce data costs by an average 40%. The DemystLabs team has worked with dozens of financial institutions to help them develop tailored synthetic ID solutions powered by the most impactful data.