Systems and methods for detection of synthetic identity malfeasance

A computer program product for detecting a synthetic identity, the computer program product comprising at least one non-transitory computer-readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:

• an executable portion configured to receive an identity verification request relating to an individual, wherein the identity verification request comprises one or more individual identifiers of the individual;
• an executable portion configured to determine a confidence level of an identity verification based on the identity verification request;
• an executable portion configured to determine a location of a user device associated with the identity verification request via a positioning system, wherein the positioning system comprises cellular signal triangulation and an RFID tag to detect merchant location proximity;
• an executable portion configured to compare at least one of the one or more individual identifiers to one or more known synthetic indicators, wherein the one or more known synthetic indicators comprises a synthetic identifier type and a synthetic identifier value that correspond to one or more known synthetic identities, wherein the one or more known synthetic indicators are a pattern of the one or more known synthetic identities and are stored in a synthetic indicator landing zone;
• an executable portion configured to generate a request for an additional individual identifier relating to the individual based on the confidence level, the one or more individual identifiers, and the one or more known synthetic indicators and receive the additional individual identifier;
• an executable portion configured to compare the one or more individual identifiers and the additional individual identifier to one or more known real identifiers in conjunction with comparing the at least one of the one or more individual identifiers to the one or more known synthetic indicators;
• an executable portion configured to determine a synthetic identity determination based on the comparison of the at least one of the one or more individual identifiers to the one or more known synthetic indicators, wherein the synthetic identity determination indicates whether an identity verification request is a potential synthetic identity;
• an executable portion configured to create a synthetic identity threat level based on the synthetic identity determination;
• an executable portion configured to cause a transmission of the synthetic identity determination and the synthetic identity threat level;
• and
• an executable portion configured to update the synthetic indicator landing zone based on the synthetic identity determination, wherein the synthetic indicator landing zone is updated continuously based on third party information and information relating to discovered synthetic identity malfeasance.

A computer-implemented method for detecting a synthetic identity, the method comprising:

• receiving an identity verification request relating to an individual, wherein the identity verification request comprises one or more individual identifiers of the individual;
• determining a confidence level of an identity verification based on the identity verification request;
• determining a location of a user device associated with the identity verification request via a positioning system, wherein the positioning system comprises cellular signal triangulation and an RFID tag to detect merchant location proximity;
• comparing at least one of the one or more individual identifiers to one or more known synthetic indicators, wherein the one or more known synthetic indicators comprises a synthetic identifier type and a synthetic identifier value that correspond to one or more known synthetic identities, wherein the one or more known synthetic indicators are a pattern of the one or more known synthetic identities and are stored in a synthetic indicator landing zone;
• based on the confidence level, the one or more individual identifiers, and the one or more known synthetic indicators, generating a request for an additional individual identifier relating to the individual and receiving the additional individual identifier;
• comparing the one or more individual identifiers and the additional individual identifier to one or more known real identifiers in conjunction with comparing the at least one of the one or more individual identifiers to the one or more known synthetic indicators;
• based on the comparison of the at least one of the one or more individual identifiers and the additional individual identifier to the one or more known synthetic indicators, determining a synthetic identity determination, wherein the synthetic identity determination indicates whether an identity verification request is a potential synthetic identity;
• based on the synthetic identity determination, creating a synthetic identity threat level;
• causing a transmission of the synthetic identity determination and the synthetic identity threat level;
• and
• updating the synthetic indicator landing zone based on the synthetic identity determination, wherein the synthetic indicator landing zone is updated continuously based on third party information and information relating to discovered synthetic identity malfeasance.