Blogs & Press Releases

  • The role of alternative credit data in economic recovery

    The role of alternative credit data in economic recovery

    The U.S. economy has experienced dramatic changes over the past several months. The temporary closure of non-essential businesses and ensuing loss of livelihood has created uncertainty for both...

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  • Tackling identity fraud, a KNOW Identity virtual event

    Tackling identity fraud, a KNOW Identity virtual event

    Is synthetic identity fraud on the rise? Are fraudsters taking advantage of provisions in the CARES Act that allow forbearance of delinquent accounts to extend the life of synthetic identities?...

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  • 2020 vision: Alternative data delivers insights into consumer credit behavior

    2020 vision: Alternative data delivers insights into consumer credit behavior

    Our latest web seminar discussed best practices and new research on the value of alternative data for gaining insight into consumer credit behavior. This popular session was attended by risk...

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  • ID Analytics talks identity fraud and recession trends

    ID Analytics talks identity fraud and recession trends

    ID Analytics recently hosted a webcast on identity fraud trends in 2020.  Since identity fraud is a pervasive problem that is constantly evolving, we wanted to share the most-asked questions...

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  • The walking dead: A study on the use of SSNs belonging to the deceased

    The walking dead: A study on the use of SSNs belonging to the deceased

    From 2018 – 2019 ID Analytics identified a notable increase in the use of Social Security numbers (SSNs) belonging to deceased individuals on new applications within our ID Network®, a unique...

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  • Identity fraud detection: Untangling first-party fraud and synthetics

    Identity fraud detection: Untangling first-party fraud and synthetics

    Brandon opens a new credit card account. He begins making purchases, racking up significant debt, never pays his bill and can’t be located by the credit issuer when they attempt to collect on the...

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  • Top 3 synthetic identity webcast questions

    Top 3 synthetic identity webcast questions

    ID Analytics recently hosted a webcast, where we discussed trends in the evolution of synthetic identity fraud and advancements being made to address this rising threat. During the live...

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  • Alternative data recognized by five federal agencies, an ID Analytics viewpoint

    Earlier this week, five federal financial regulatory agencies issued a joint statement on the use of alternative data in underwriting by banks, credit unions, and non-bank financial firms. These...

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  • Will synthetics be a grinch who stole Christmas this Black Friday?

    Will synthetics be a grinch who stole Christmas this Black Friday?

    ‘Twas the night before Black Friday and as retailers were preparing for the masses, synthetic identities were slipping past lenders’ fraud defenses… The holiday shopping season is upon us and 2019...

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  • Is identity fraud becoming a leading economic indicator?

    Is identity fraud becoming a leading economic indicator?

    Economists continue to debate whether the next recession is around the corner or several years off. In recent months, ID Analytics has observed an interesting trend – fraudsters appear to be...

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  • Transforming portfolio management with alternative credit scores

    Transforming portfolio management with alternative credit scores

    Enterprises have begun to see the value in using alternative credit scores as part of their lending decision processes for various use cases – from identifying more creditworthy consumers to...

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  • How NASA Federal Credit Union reduced friction for 97% of new applicants, without increasing fraud risk

    How NASA Federal Credit Union reduced friction for 97% of new applicants, without increasing fraud risk

    Fraudsters today use increasingly sophisticated tactics and target a wide range of industries. Account takeover and new account fraud are on the rise, including in new areas such as merchant debit...

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  • Attacking synthetics – a real approach to uncovering potentially fake identities

    Attacking synthetics – a real approach to uncovering potentially fake identities

    Over the last several years, we have discussed the issue of synthetic identity fraud extensively with our clients to gain a better understanding of how they view the problem, how it’s impacting...

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  • 3 Reasons to use Alternative Credit Data in Prescreen Campaigns

    In today’s competitive marketplace, it is important to deliver innovative financial solutions that create opportunities for growth in lending and consumer spending. Many of the largest U.S....

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  • Building a case for alternative credit data: Scoring persistently credit invisible consumers

    Building a case for alternative credit data: Scoring persistently credit invisible consumers

    The Consumer Financial Protection Bureau (CFPB) has identified that approximately 45 million consumers are either credit invisible or unscorable by major credit bureaus. People who don’t have...

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  • Can alternative credit data help evaluate prime consumers?

    Can alternative credit data help evaluate prime consumers?

    Our recent blogs demonstrate the benefits of leveraging alternative credit data to identify more creditworthy consumers who are considered credit invisible and provide greater insights to marginal...

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  • Update from the Hill: Progress on electronic identity verification by the SSA

    Update from the Hill: Progress on electronic identity verification by the SSA

    I have two important updates from the Hill regarding progress on the Economic Growth, Regulatory Relief, and Consumer Protection Act. In my previous posts, I discussed a provision in the Act that...

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  • The value of alternative credit data in separating risk on the margin

    The value of alternative credit data in separating risk on the margin

    In my last blog, I discussed how the use of alternative credit data has become a mainstream answer to the challenge of identifying creditworthy consumers who are credit invisible. While that is...

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  • Alternative credit data case study: Top-ten card issuer uncovers credit invisibles

    Alternative credit data case study: Top-ten card issuer uncovers credit invisibles

    Almost one-fifth of adults in the United States face obstacles to obtaining credit because they are considered “credit invisible”—meaning they either don’t have a credit history with, or are...

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  • Synthetic identities: How well are you reading the signals?

    For some lenders and service providers detecting synthetic identities might seem like an exercise in futility or perhaps even a lesson in fortune telling—how can they determine whether an...

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