Infoglide Blog

If you blinked a couple of weeks ago, you may have missed a FInCEN ‘clarification letter’ concerning US Patriot Act Section 314(b) which allows – and encourages – participating financial institutions to share fraud and AML data with each other.  In the September 25 article, FinCEN and the US Treasury Department essentially cleared the way [...]

By Mike Betron, Infoglide VP of Marketing   Note: Today’s post is the second in our four-part series about first-party fraud (FPF). The first part in the series discussed how organized criminals commit first party fraud. In today’s article, we’ll take a look at the high costs of FPF and why it’s so difficult for banks [...]

By Mike Betron, Infoglide VP of Marketing Note: Today’s post is the first in a four-part series on first-party fraud. In this series, we’ll take a close look at what first-party fraud is, why it’s so difficult for banks to identify and block, and how Social Link Analysis (SLA) can serve as an effective and [...]

Douglas Wood, Infoglide Senior Vice President In the months and years following the tragic events of 9/11, global governments introduced a variety of homeland security acts designed to stop the flow of money funding terrorism.  As such, Section 314(a) of the US Patriot Act was a milestone in the fight against terrorist financing and money [...]

By Doug Wood, Infoglide Senior VP   In recent years, the integrity of the SSN has been severely compromised in credit bureau profiles and other trusted authorities. This threat, known as Synthetic Identity Fraud (SIdF), uses modified name and date of birth attributes combined with another person’s Social Security Number.  This scheme has caused a phenomenon [...]

By Robin Farshadfar, Director of Global Solutions at Infoglide Software As purchasing habits continue to evolve towards eCommerce and mobile purchasing, electronic payment platforms such as Paypal, Google Checkout, and Amazon Payments will continue to become dominant players in the online, financial transaction industry. In fact, Forrester Research estimates that consumers will use PayPal, Google [...]

By Doug Wood, Infoglide Senior VP That is the question.  Or is it? We all know that financial institutions compete with each other at every turn.  They are all in the business of earning our business, so to speak.  One thing they share, however, is the need to be compliant across many different governmental requirements [...]

By Mike Betron, Infoglide VP of Marketing Over the past few months, Infoglide Software Corporation – the leading provider of identity resolution and entity analytics technology for fraud and investigations – commissioned a survey to discover the biggest technology challenges facing banks in preventing and investigating fraud. The survey was conducted with US-based banking institutions [...]

By Mike Betron, Infoglide Software Director of Marketing The Aite Group recently authored a report entitled “Internal Fraud: The Devil Within.” After surveying 35 fraud and product executives at financial institutions across the U.S. and Canada, they concluded that internal fraud is a severe and growing problem that often goes undetected and almost always flies [...]

By Mike Shultz, Infoglide Software CEO We have a new Congress and a new House majority leader as of this week’s swearing in ceremony. The current House majority party (R) plans to pass a bill to repeal the “Obamacare” bill passed during the last session by the former House majority party (D).  Both parties make [...]