How to stay ahead of the rise of synthetic fraud
While banks have been successful in reducing card fraud in recent years, a new and rising threat has emerged: synthetic identity fraud. By combining real and falsified information on digital platforms, financial criminals have been able to commit this type of fraud with impunity. There are a number of reasons why synthetic fraud is on the rise, but there are also actions banks and other financial institutions can take to prevent this growing trend from … Continue reading How to stay ahead of the rise of synthetic fraud
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