AML, KYC, Data Breach

Data Breaches Are Making the Credit Bureaus Obsolete

Posted by Sunil Madhu on Jul 16, 2018

We’re all familiar with the credit check, that ubiquitous step when we’re applying for bank accounts, loans, or credit cards. But while credit checks may be a well intentioned means of identity verification, the truth is that they’re outdated and unreliable—and increasingly a playground for fraudsters. Something needs to change, and fast.

Download the ID+ Data Sheet

DOWNLOAD

Subscribe to receive the latest Socure posts.