Identity fraud

Nearly 1-in-5 U.S. Workers Contacted About a Suspicious Job Opportunity as Scammers Capitalize on Remote Work

Retrieved on: 
Monday, September 26, 2022

Among these adults, workers ages 18-34 were the most targeted for remote job scams.1

Key Points: 
  • Among these adults, workers ages 18-34 were the most targeted for remote job scams.1
    The findings come as bad actors take advantage of increasing numbers of remote job listings.
  • A job seeker can be offered a position on the spot and asked to pay for work-related supplies upfront.
  • Its a trend we predicted in an Identity Fraud in Focus report published earlier this year.
  • Signs of identity theft require fast action," says Brian Stuart, director of customer care at Allstate Identity Protection.

Equifax, Experian and TransUnion Extend Free Weekly Credit Reports in the U.S. Through 2023

Retrieved on: 
Friday, September 23, 2022

The three nationwide credit reporting agencies Equifax (NYSE:EFX), Experian (LON:EXPN) and TransUnion (NYSE:TRU) are taking joint action to continue offering free weekly credit reports to consumers in the United States through the end of 2023.

Key Points: 
  • The three nationwide credit reporting agencies Equifax (NYSE:EFX), Experian (LON:EXPN) and TransUnion (NYSE:TRU) are taking joint action to continue offering free weekly credit reports to consumers in the United States through the end of 2023.
  • View the full release here: https://www.businesswire.com/news/home/20220923005030/en/
    The companies' CEOs provided a joint statement on the decision to extend free weekly credit reports through 2023.
  • Consumer credit reports are a factual record of credit activity and payment history used by lenders, creditors, service providers and other businesses to extend financial opportunities and other offers to people.
  • Consumers can access their free weekly credit reports from each of the three credit reporting agencies at www.annualcreditreport.com .

Equifax, Experian and TransUnion Extend Free Weekly Credit Reports in the U.S. Through 2023

Retrieved on: 
Friday, September 23, 2022

ATLANTA and COSTA MESA, Calif. and CHICAGO, Sept. 23, 2022 /PRNewswire/ -- The three nationwide credit reporting agencies – Equifax® (NYSE:EFX), Experian (LON:EXPN) and TransUnion (NYSE:TRU) – are taking joint action to continue offering free weekly credit reports to consumers in the United States through the end of 2023. This benefit will help consumers manage their financial health during a period of rising inflation and unprecedented economic uncertainty coming out of the COVID-19 pandemic.

Key Points: 
  • The companies' CEOs provided a joint statement on the decision to extend free weekly credit reports through 2023.
  • Credit reports play an important role in financial health, and providing weekly reports for consumers at no charge is another way that we can support financial education and stability for people across the U.S. at this critical time."
  • Consumer credit reports are a factual record of credit activity and payment history used by lenders, creditors, service providers and other businesses to extend financial opportunities and other offers to people.
  • Consumers can access their free weekly credit reports from each of the three credit reporting agencies at www.annualcreditreport.com .

Equifax, Experian and TransUnion Extend Free Weekly Credit Reports in the U.S. Through 2023

Retrieved on: 
Friday, September 23, 2022

The companies' CEOs provided a joint statement on the decision to extend free weekly credit reports through 2023.

Key Points: 
  • The companies' CEOs provided a joint statement on the decision to extend free weekly credit reports through 2023.
  • Credit reports play an important role in financial health, and providing weekly reports for consumers at no charge is another way that we can support financial education and stability for people across the U.S. at this critical time.
  • Consumer credit reports are a factual record of credit activity and payment history used by lenders, creditors, service providers and other businesses to extend financial opportunities and other offers to people.
  • Consumers can access their free weekly credit reports from each of the three credit reporting agencies at www.annualcreditreport.com .

Equifax Completes Acquisition of Midigator

Retrieved on: 
Friday, August 26, 2022

ATLANTA, Aug. 26, 2022 /PRNewswire/ -- Equifax® (NYSE: EFX) announced today that it has completed the acquisition of Midigator LLC, a provider of post-transaction fraud mitigation solutions. The definitive agreement to acquire Midigator was announced on July 26, 2022. With this acquisition, Equifax further expands the company's global footprint in digital identity and fraud prevention solutions.

Key Points: 
  • ATLANTA, Aug. 26, 2022 /PRNewswire/ -- Equifax (NYSE: EFX) announced today that it has completed the acquisition of Midigator LLC , a provider of post-transaction fraud mitigation solutions.
  • With this acquisition, Equifax further expands the company's global footprint in digital identity and fraud prevention solutions.
  • "Equifax is poised to broaden our digital identity footprint in a fast growing space," said Mark W. Begor, CEO of Equifax.
  • Midigator, an Equifax company, is now part of the Equifax USIS business unit.

Equifax Announces Definitive Agreement to Acquire Midigator

Retrieved on: 
Tuesday, July 26, 2022

ATLANTA, July 26, 2022 (GLOBE NEWSWIRE) -- Equifax (NYSE: EFX) is expanding its global footprint in digital identity and fraud prevention with a definitive agreement to acquire Midigator , a provider of post-transaction fraud mitigation solutions.

Key Points: 
  • ATLANTA, July 26, 2022 (GLOBE NEWSWIRE) -- Equifax (NYSE: EFX) is expanding its global footprint in digital identity and fraud prevention with a definitive agreement to acquire Midigator , a provider of post-transaction fraud mitigation solutions.
  • With our Equifax Cloud driven data & analytics capabilities and the powerful combination of Midigator and our Kount Identity & Fraud solutions, Equifax is poised to capitalize on new revenue streams and relationships, broadening our digital identity footprint in a fast growing space.
  • Once the transaction closes, Midigator will become part of the Equifax USIS business unit.
  • Midigator provides an effective and efficient alternative approach to the manual processes typically used to manage chargeback disputes: intelligent chargeback technology.

Equifax Announces Definitive Agreement to Acquire Midigator

Retrieved on: 
Tuesday, July 26, 2022

ATLANTA, July 26, 2022 /PRNewswire/ -- Equifax® (NYSE: EFX) is expanding its global footprint in digital identity and fraud prevention with a definitive agreement to acquire Midigator LLC, a provider of post-transaction fraud mitigation solutions. With the rise of global ecommerce sales, expected to hit $5.5 trillion in 2022, transaction disputes and chargebacks are also surging. Midigator's highly automated, data-driven chargeback prevention and chargeback dispute management solutions complement the Equifax Kount Identity Trust Global Network, which uses award-winning Artificial Intelligence (AI) to link trust and fraud data signals from 32 billion digital interactions, 17 billion unique devices, and five billion annual transactions across 200 countries and territories.

Key Points: 
  • ATLANTA, July 26, 2022 /PRNewswire/ -- Equifax (NYSE: EFX) is expanding its global footprint in digital identity and fraud prevention with a definitive agreement to acquire Midigator LLC , a provider of post-transaction fraud mitigation solutions.
  • "With our Equifax Cloud driven data & analytics capabilities and the powerful combination of Midigator and our Kount Identity & Fraud solutions, Equifax is poised to capitalize on new revenue streams and relationships, broadening our digital identity footprint in a fast growing space.
  • Once the transaction closes, Midigator will become part of the Equifax USIS business unit.
  • Midigator provides an effective and efficient alternative approach to the manual processes typically used to manage chargeback disputes: intelligent chargeback technology.

Experian Outlines Its ESG Commitments Publishing New Global Reports Focused on Financial Inclusion, Diversity and Performance With Purpose

Retrieved on: 
Friday, June 10, 2022

Experian, the global information services company, has today published two global reports reflecting its commitment to creating a better tomorrow for people and organisations around the world.

Key Points: 
  • Experian, the global information services company, has today published two global reports reflecting its commitment to creating a better tomorrow for people and organisations around the world.
  • (Photo: Business Wire)
    With a third of the global adult population lacking access to basic financial services, its vital that firms such as Experian recognise their responsibility to help.
  • Since establishing its United for Financial Health programme two years ago, Experian and its NGO partners have connected with 87 million people.
  • Also published today is Experians second-ever global Diversity Equity and Inclusion Report , a deep-dive into its approach to Diversity, Equity and Inclusion.

New Survey Reveals 83% of Americans Have Received Scam Attempts in 2022

Retrieved on: 
Tuesday, June 7, 2022

Seventy-four percent of Americans say they have received a scam text so far this year, while as many as 83% have received a scam phone call, according to Allstate Identity Protections (AIP) first quarter Identity Fraud in Focus report.

Key Points: 
  • Seventy-four percent of Americans say they have received a scam text so far this year, while as many as 83% have received a scam phone call, according to Allstate Identity Protections (AIP) first quarter Identity Fraud in Focus report.
  • Of those, nearly half report receiving 11 or more spam attempts via text or call every week.
  • We hear stories regularly from people who were scammed out of their nest eggs," says AIP Director of Customer Care Brian Stuart.
  • Survey conducted between May 24-May 26, 2022 on behalf of Allstate Identity Protection by Morning Consult, among a national sample of 2,210 adults.

The Identity Theft Resource Center and LexisNexis Risk Solutions Reveal New Pandemic-Related Identity Fraud Report

Retrieved on: 
Thursday, June 2, 2022

SAN DIEGO, June 2, 2022 /PRNewswire-PRWeb/ -- The Identity Theft Resource Center® (ITRC), a nationally recognized nonprofit organization established to support victims of identity crime, and – LexisNexis® Risk Solutions, a leading provider of data, analytics, and technology to help organizations manage risk - have released the Pandemic-Related Identity Fraud Crime Victim Impacts Report. The report shows how individuals and government agencies have been impacted since 2020 by an unprecedented wave of government benefits identity fraud.

Key Points: 
  • SAN DIEGO, June 2, 2022 /PRNewswire-PRWeb/ -- The Identity Theft Resource Center (ITRC), a nationally recognized nonprofit organization established to support victims of identity crime, and LexisNexis Risk Solutions , a leading provider of data, analytics, and technology to help organizations manage risk - have released the Pandemic-Related Identity Fraud Crime Victim Impacts Report .
  • The report shows how individuals and government agencies have been impacted since 2020 by an unprecedented wave of government benefits identity fraud.
  • Based on responses from more than 1,800 consumers, self-identified identity crime victims, and government officials, the pandemic-related identity fraud report was originally presented at the ITRC 2022 Government Identity Fraud Summit in April.
  • "We speak with identity crime victims every day at the ITRC," said Eva Velasquez, President and CEO of the Identity Theft Resource Center.