What methods are banks using to prevent identity theft?

Ty asked:
I’m currently writing a paper on identity theft and I was wondering if any bankers or bank tellers out there knew what banks are doing to prevent or reduce identity theft.

How have information systems help curb identity theft and how can this be improved in the future?

shica_cutie asked:
I am trying to get examples of how identity theft can be halted or weakened by the use of some type of computer system or software.

I heard it hurts your credit score to close accounts. What about Identity theft?

Smothers65 asked:
I read in many places that it hurts your credit score to close accounts for many reasons. If you just leave them open and shred the cards, aren’t you setting yourself up for identity theft?

What is the statute of limitations on identity theft in Texas?

Pennywise asked:
I had a relative use my info to obtain a credit card in my name and they put themselves on the card as an “authorized user”. They have had this account open since March and I just now found out. I got a copy of my credit report from all 3 [...]