identity fraud

New Identity Verification Company GetID Featured at Slush 2019 Startup Conference

New Identity Verification Company GetID Featured at Slush 2019 Startup Conference

GetID, a new Estonian-based Know Your Customer (KYC) identity verification company is featured at this year’s Slush Helsinki 2019 tech startup and investor conference. The main focus of GetID’s KYC platform is fraud prevention, with their goal being to make identity spoofing and money laundering using fake documents impossible. They are also currently working on…

Synthetic Identity Fraud is a Growing Threat says Federal Reserve

Synthetic Identity Fraud is a Growing Threat says Federal Reserve

The US Federal Reserve System has released a new White Paper that calls attention to the growing threat of synthetic identity fraud. The paper defines a synthetic identity as one that combines false information – such as a fake name or date of birth – with legitimate information like a social security number that has…