Amador is a fraud prevention expert with two decades of experience on leading product management and strategy to combat fraud. He is an industry leader in online fraud, identity theft mitigation and cybercrime investigations. Amador has lead global initiatives to mitigate fraud and improve customer experience in over 26 countries. Prior to Emailage he was the Head of Fraud for Personal Savings & Global Card Acquisitions at American Express and later lead global fraud prevention divisions at Citigroup.
Classes for Amador Testa
Thursday, March 22
2:15pm - 3:00pm
Synthetic Identity Fraud – The New Go-To Tactic for Fraudsters
Historically, synthetic ID fraud was generally committed by consumers whose poor credit ratings made it difficult to open credit card account or receive loans. Why has it become the new go-to tactic for Fraudsters? First, it’s not that hard to create a synthetic ID as fraudsters have easy access to customer identities due to large data breaches and compromises. And the shift to EMV has led fraudsters to migrate from the production of fake plastic cards to new account fraud and account takeover fraud. This shift requires a more sophisticated approach to predicting and assessing risk, as well as prevention.