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Fraud hurts the bottom line of every business. No longer can businesses consider fraud a normal cost of doing business – the stakes are too high. Fraud-related losses, including identity theft, can be turned into profit opportunities. Data sharing across multiple industries acts as a powerful weapon for helping businesses fight fraud.
Direct access to cross-industry, known fraud records helps eliminate your need to conduct time-consuming individual searches. By sharing valuable and timely information about known fraudulent transactions with other business sectors nationwide, the opportunity for greater fraud prevention success can be achieved.
Experian has joined forces with a consortium of businesses from several industries to charter the first repository of shared data, providing single-point access to consumer fraud records. The National Fraud DatabaseSM is a powerful resource used to illuminate fraud patterns and define and identify fraud attributes.
Subscription to the National Fraud Database is open to any business entity that needs information on known fraud records and represents data from a variety of industries including banks, credit card issuers, telecommunications providers, automotive companies and retailers. For more information about identifying known fraud records, contact us now at 888 414 1120. Or, call your local Experian sales representative.
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