TransUnion Research Highlights Power of Public Data in Uncovering $3.3B Synthetic Identity Threat
New analysis shows how missing real-world attributes—like voter registration, vehicle ownership, and familial ties—can help lenders detect synthetic identities and reduce fraud exposureCHICAGO, Sept. 17, 2025 (GLOBE NEWSWIRE) -- With synthetic identities now linked to a record number of newly opened accounts, U.S. lenders faced more than $3.3 billion in exposure for the year ending 2024. This alarming trend underscores the urgent need for financial institutions such as auto lenders, mortgage lenders and cre ...