Sigma Synthetic Fraud v4 uncovers multiplex synthetic-specific features

Socure has launched Sigma Synthetic Fraud v4, a product that uses AI and diverse data sources to detect synthetic identity fraud. This type of fraud, involving the creation of fake identities, is expected to cause $23 billion in losses by 2030. The new tool identifies fraudsters at the onboarding stage, before they can cause damage, and uses a variety of techniques to prevent and predict fraudulent activity.