Nov. 17, 2023, 1 p.m. | Industry News

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Socure has launched Sigma Synthetic Fraud v4. The product uses advanced machine learning and diverse, third-party and network feedback data to uncover patterns linked to insidious synthetic identity fraud. The Deloitte Center for Financial Services expects synthetic identity fraud to generate at least $23 billion in losses by 2030. Synthetic identity fraud is a financial crime where a real person’s information is stolen and combined with other falsified personal information to create a fictitious identity, … More

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