Slide Synthetics continue to be the fastest growing type of fraud... Is your current process capturing it all? SynthID™ Detect will identify the fraud that your current process is missing.
AI FOR AUTOMATING FRAUD DETECTION Learn More Request A Demo
Slide SynthID™ Portfolio Analyzer can help you identify what you do not know today and give you the ability to make more informed decisions tomorrow..
DO YOU KNOW HOW MUCH FRAUD LURKS IN YOUR PORTFOLIO? Learn More Request A Demo
Slide The current landscape is the perfect storm for Synthetic ID fraud, projected to cost Credit Unions and Banks more than $12B in 2020.
FRAUD
IN A CRISIS
Read The Article
Slide In 2017, Coalesce founded the Boston AI Think Tank, a forum comprised of thought leaders from government regulatory agencies and leading financial institutions.
BOSTON AI
THINK TANK
Learn More

Slide Synthetics continue to be the fastest growing type of fraud... Is your current process capturing it all? SynthID™ Detect will identify the fraud that your current process is missing.
AI FOR AUTOMATING FRAUD DETECTION Learn More Request A Demo
Slide SynthID™ Portfolio Analyzer can help you identify what you do not know today and give you the ability to make more informed decisions tomorrow..
DO YOU KNOW HOW MUCH FRAUD LURKS IN YOUR PORTFOLIO? Learn More Request A Demo
Slide The current landscape is the perfect storm for Synthetic ID fraud, projected to cost Credit Unions and Banks more than $12B in 2020.
FRAUD
IN A CRISIS
Read The Article
Slide In 2017, Coalesce founded the Boston AI Think Tank, a forum comprised of thought leaders from government regulatory agencies and leading financial institutions.
BOSTON AI
THINK TANK
Learn More
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COALESCE.AI IS FEATURED IN THE FEDERAL RESERVE’S WHITE PAPER: MITIGATING SYNTHETIC IDENTITY FRAUD IN THE U.S. PAYMENT SYSTEM.

By |July 24th, 2020|Federal Reserve|

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Synthetic identity fraud is reportedly the fastest-growing type of financial crime facing the United States.

Coalesce estimates that synthetic identities account for slightly more than 20% of all losses in a given loan portfolio, even though they account for

SynthID™ FRAUDWATCH INDEX
Synthetic ID fraud is difficulty to identify and even harder to track.  Coalesce has created the SynthID™ FraudWatch Index based on analysis of accounts at Credit Unions and Banks:

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Subscribe to our FraudWatch monitor for weekly updates on industry stats, fraud alerts to be aware of and regular notices about trends to be on the lookout for, within your compliance and risk assessment departments.

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