ABA Banking Journal Podcast

New Tools to Fight Synthetic ID Fraud


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Former Washington Attorney General Rob McKenna joins ABA VP Brian Murphy to discuss: how synthetic ID fraud differs from traditional identity theft and why it’s harder to root out; strategies and technologies banks are using to prevent and stop synthetic ID theft; how community banks can apply resources to tackle this problem; and a key provision in S. 2155 that helps by requiring the Social Security Administration to create a registry that banks can use verify the validity of SSNs.
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ABA Banking Journal PodcastBy American Bankers Association

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