Michael Lynch of InAuth discusses how device and user data can be leveraged to combat fraudulent opening of new accounts. Lynch has two decades of experience in key roles within financial services, consulting and Fortune 500 companies. Lynch: New trends and tactics in application fraud;Issues with legacy approaches to fraud prevention;Breaking down silos to share information on new fraud attack trends; Creating silos is key to preventing fraud attacks from occurring in the U.S. Lynch: Use of PII and PII data to combat synthetic identity fraud.”]
Source: https://www.cuinfosecurity.com/winning-battle-against-new-account-fraud-a-11546