Third-party fraud is the type of crime that can steal headlines – adding insult to injury for business leaders who suddenly realize the true cost of being a target.
Unfortunately, the impact of headlines can prove long-lasting as public trust in the company will have been compromised. Characterized by swift criminal action and immediate financial impact, third-party fraud occurs to victims as if out of the blue and often with
Online lenders offer convenience, speed, and ease of use, which attracts consumers in need of a quick loan during a moment of necessity. To make consumers happy, online lenders streamline their processes. Unfortunately, the seamless process of securing a loan also attracts online fraud.
Typically, a cybercriminal is sophisticated. Personally identifiable information (PII) is cheaper than ever before and easy to extort from an unsuspecting victim or buy on the
Press Release 10/28/2011
CLEARWATER, FL – October 28, 2011 – Clarity Services, an industry leader in subprime, thin-file, and under banked consumer data reporting, announced today the release of its new Clear Subprime ID Fraud™ solution. Clear Subprime ID Fraud™ provides powerful identity verification elements and a custom Clarity Fraud Score™ derived from a powerful combination of Clarity credit reporting and Experian identity fraud and credit report assets.
“This is the
