In May 2018, Congress enacted a law directing the U.S. Social Security Administration to build a system to connect with financial institutions that is capable of verifying in real time whether a given name, date of birth and Social Security number are a match with what the SSA has on file in an effort to combat synthetic identity fraud. In this piece for Privacy Perspectives, Jason Kratovil, CIPP/US, looks at what has happened since last May, as synthetic identity fraud has gone up and the Consumer First Coalition works to get the law implemented and for a real-time verification system to be built.
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