Identity theft protection

Identity fraud is soaring. Here's how one lender is attacking it.


Axcess Financial is using stronger authentication, studying up on bad actors and planning to use a federal service that automates verification of Social Security numbers.


Safeguard data on kids, reap customer retention rewards


Banks have to do a better job of protecting personal information about their customers' children.


Tech firms Jumio, ComplyAdvantage team up to help banks ID crooks


Alongside identity-document scanning and other ID verification, the two companies are offering real-time checks of lists of suspicious persons. The goal: keep money launderers out of the banking system.


Banks hail CRA reform; Fighting identity theft of minors


OCC proposal would broaden the types of loans that would count toward CRA obligations; new law helps parents freeze accounts of minors.


Prosper pulls plug on anti-ID-theft app


The app, formerly known as BillGuard and a favorite of many fintech insiders, helped users protect their identities and monitor their credit scores.


'More than parties and pretty pictures': Comments of the week


American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of articles and our social media platforms.


Weakening CFPB will strengthen ID protection providers


Fearing regulatory fines, banks have retreated from selling identity protection in recent years. Institutions will get back in the market if the Consumer Financial Protection Bureau is weakened.