In the 20th century, credit was a simple, rule-bound system: you either had a credit history or you didn’t. You were either in the system or out. If you had no loans, no bank-issued credit cards, and no accounts in good standing with reporting agencies, then it didn’t...
Traditional credit scoring methods, though widely used, exclude a staggering number of individuals globally—approximately 3 billion people—due to insufficient or absent credit histories. Often labeled as "credit invisibles," these individuals face considerable challenges accessing loans and other financial services, emphasizing an urgent need for alternative scoring...
In an era where traditional credit scoring models fall short of accurately assessing the unbanked and underserved populations, alternative data has emerged as a transformative solution. By leveraging non-traditional sources like social media activity, subscription data, marketplace behaviors, and even darknet intelligence, businesses can not only enhance credit risk models...
Why Emails Are Powerful Identity Anchors Think for a moment about your own email address.Maybe you created it back in college. Maybe it’s the one you’ve carried with you through jobs, apartments, relationships, and countless password resets. It’s the login you still use for Netflix, Amazon,...
Imagine a fintech startup that launches in Buenos Aires. Within its first year, they blow past growth targets—signing up thousands of customers a week. Then, quietly, their chargeback rates climb, mysterious accounts created using synthetic identities rack up unpaid loans, and their operational costs swell. Investors start asking tougher...
For years, fraud prevention has largely been reactive: businesses let users sign up, complete onboarding, even pass through verification checks—and only then investigated suspicious patterns. But fraud no longer works at that pace. Today’s fraudsters use automation, stolen credentials, synthetic identities, and even AI-generated profiles. By the time...
Synthetic identity fraud has emerged as one of the most pervasive and challenging forms of financial crime today. Unlike traditional identity theft, where a criminal steals and uses a real person's information, synthetic identity fraud involves creating a completely new identity by combining real and fabricated data. This...
Reverse email lookup has become an invaluable technique for businesses and investigators to uncover the person or organization behind an email address. In simple terms, a reverse email lookup means starting with an email and finding information about its owner. This could reveal the person’s name, social media profiles,...
In 2024, global scams reached unprecedented levels, with over $1 trillion lost worldwide, marking a significant increase from previous years. This surge is largely attributed to the proliferation of fake accounts across various platforms, including social media, e-commerce, and financial services. These fraudulent accounts are not only used for spam...
