Fight Fraud with an Enterprise Identity Strategy

Credit card applications using synthetic identities are up 24% in a single year. The rate at which these fake identities receive a card is up 15%.

In addition to monetary losses, card issuers and financial institutions also face additional risks such as reputational risk.

But identity fraud isn't the only type of fraud giving credit card issuers and financial institutions angst. There's a long list of fraud types that are becoming more pervasive. It's akin to a game of 'whack a mole:' address one type of fraud vulnerabilities and criminals exploit another.

Listen to TransUnion's Josh Turnbull and Craig LaChappelle discuss how fraud vectors are evolving and learn:

• Alarming fraud trends
• The role of identity in fraud
• Why an enterprise-wide identity strategy is your best defense

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