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Identities of Nearly 2.5 Million Deceased Americans Misused Each Year
The identities of nearly 2.5 million deceased Americans are used improperly to apply for credit products and services each year, according to a new study released today from ID Analytics’ ID:A Labs. This is the first study to examine the extent of fraudsters improperly using a deceased person’s identity to establish credit accounts.
id:a labs reveals important trends in consumer behavior by examining identity use to help organizations better manage both the risk and opportunity of an individual consumer. id:a labs is a multidisciplinary group of mathematicians, computer scientists, economists, financial experts, cognitive scientists and advisors from ID Analytics and other respected institutions.
ID Analytics' innovative enterprise solutions improve business decisions by better assessing identity risk and credit worthiness resulting in increased revenue and lower operational costs. Our consumer solutions identify, alert on and block potential identity fraud.
