Podcasts Government Federal Drive with Tom Temin SSA built a system to help combat identity fraud. Backers say its at risk of collapse

SSA built a system to help combat identity fraud. Backers say its at risk of collapse

Published: July 11, 2023, 11:57 a.m.

A federal service used by financial institutions to verify Social Security numbers, recently highlighted as a prime example for how the government could reduce improper payments and fraud, is at risk of a \u201cdeath spiral\u201d due to a steep increase in user fees, according to proponents of the system.\nThe Government Accountability Office is now conducting a review of the Social Security Administration\u2019s electronic Consent Based Social Security Number Verification (eCBSV) program after lawmakers flagged concerns with cost overruns and price increases.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices