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Why Experian's joining the government’s Social Security verification test

Payments Source

companies next year will be able to quickly verify whether Social Security numbers match other consumer data in government files, in a bid to thwart fraudsters from creating fake identities with stolen information and SSNs. Seeking relief from rising synthetic fraud, U.S.

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How randomized Social Security numbers aided identity fraud

Payments Source

Visa is leaning more heavily on its Issuers’ Clearinghouse Service to help banks combat the rise of synthetic fraud, which it attributes in part to a security measure adopted by the Social Security Administration years ago.

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Hackers Disrupt Benefits Claims On Italy’s Social Security Website

PYMNTS

As individuals were beginning to seek COVID-19 benefits, hackers disrupted Italy’s Social Security internet site, per the leader of the welfare agency.

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The Fraud Problem of Fake Social Security Numbers (Video)

FICO

The post The Fraud Problem of Fake Social Security Numbers (Video) appeared first on FICO. Financial institutions are constrained in their ability to make informed decisions, and consumers are naïve about the fraud impacts this purported second chance on credit. Application Fraud: The Role of AI and Machine Learning.

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NEW REPORT: Mueller Indictments Prompt Renewed Look At Social Security Numbers

PYMNTS

The named individuals and companies were charged with using stolen Social Security numbers, home addresses and birthdates of U.S. Social Security number as an identifier. Earlier this month, special counsel Robert Mueller indicted a group of 13 Russian nationals over their alleged role in the 2016 presidential election.

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Rewire allows Filipino migrants to pay Social Security System

The Paypers

Rewire has recently partnered with a Philippines government authorised company to offer the needed infrastructure for OFWs, Overseas Filipino Workers, to pay their Social Security System.

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Modernizing France’s social security services with URSSAF – Caisse Nationale

Axway

Thanks to Axway’s Amplify API Management Platform , URSSAF – Caisse Nationale is now handling more than four million daily secure API transactions. And it’s accelerating the development of new partnerships and adding real value with more service opportunities. URSSAF …