Federal Reserve Issues Toolkit To Fight Synthetic Identity Fraud

LexisNexis (July 15, 2022, 12:24 PM EDT) -- Synthetic identity fraud (SIF) is believed to be the fastest growing payments fraud in the United States. The most recent work product by the Federal Reserve to support the payments industry in its battle against this particularly pernicious and sophisticated type of fraud is the release of the Synthetic Identity Fraud Mitigation Toolkit....