Identity theft protection

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

07/02/20

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.

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Safeguard data on kids, reap customer retention rewards

08/05/19

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

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

03/22/19

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.

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Banks hail CRA reform; Fighting identity theft of minors

08/29/18

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

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Prosper pulls plug on anti-ID-theft app

07/31/17

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

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

03/10/17

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

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Weakening CFPB will strengthen ID protection providers

03/08/17

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.

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