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What is Synthetic Identity Theft

Identity theft is when a person steals another person’s private and personal information, generally to make money from it. You probably already knew this, but have you heard of synthetic identity theft? This is a bit different.

With synthetic identity theft, a person creates a new and very fake identity by combining the real information from a person with made-up information. You might not think this is a big deal, but it can be very bad for anyone who has their identity stolen.

Here are three ways that ID thieves can create synthetic identities:

Monday, February 24, 2020 - 07:41
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Financial IT
IHS Markit and Saudi Stock Exchange (Tadawul) Launch Local Currency Saudi Government Sukuk Indices

IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, in collaboration with the Saudi Stock Exchange (Tadawul), today announced the launch of the iBoxx Tadawul SAR Government Sukuk Index, a riyal-denominated index aimed at tracking the performance of Saudi government Sukuks. The index is the first of a series of benchmarks for Saudi government Sukuks to be created using Tadawul’s market data and the bond pricing expertise of IHS Markit.

Monday, February 24, 2020 - 07:32
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Financial IT
ICSFS sets a new standard of scalability and proofs viable solutions for the largest banks with Oracle Exadata

ICSFS, a leading universal core banking provider, with over 100 customers across the Middle East, Africa, South East Asia, Central Asia and Europe, invests in its software suites by utilising modern technology in launching new products, constructing a secured and agile integration, and keeping pace with new standards and regulations worldwide.

Monday, February 24, 2020 - 07:24
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Financial IT
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Sunday, February 23, 2020 - 10:55
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Saturday, February 22, 2020 - 21:08
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Friday, February 21, 2020 - 23:18
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Reuters Events announces Executives from Goldman Sachs, Blackrock and UBS to join ESG Investment Summit in London

Reuters Events today announced the globally recognised funds that will share how they factoring ESG into their investment strategies at this year’s ESG Investments Europe Summit.

The Summit will bring together more than 200 funds and the entire ESG ecosystem at the forefront of investment strategy on May 27-28th.

Those taking to the stage, to publicly share their responsible investment commitments include:

Friday, February 21, 2020 - 13:18
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Paybase Predicts...

What we said in 2018

Friday, February 21, 2020 - 12:08
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Financial IT
Why the Future of Open Banking Belongs to Platforms

The platform economy is revolutionising the $50bn global deposits business. By separating the product provider and financial point of sale, banks can now choose whether they want to collect deposits for financing or offer deposits as a product, without one depending on the other. While the deposits business has not always been perceived as one of the most innovative areas of banking, it is now leading the charge towards a better connected and more functional industry. This is bringing massive benefits to customers and institutions alike. 

Friday, February 21, 2020 - 11:19
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Financial IT
Chargebacks911 Wins Best Technical & Service Provider Organisation at MPE Awards 2020

 Chargebacks911, the dispute management specialist, has been named the Best Technical & Service Provider Organisation at the Merchant Payment Ecosystem (MPE) Awards.

Friday, February 21, 2020 - 11:11
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Financial IT

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