Experian's Risk-Based Fraud Detection and Prevention Platform
The threats posed by fraud and identity theft demand a risk-based approach that employs accurate and broad-reaching data assets. By incorporating analytics; knowledge-based authentication; and flexible decision-making strategies, you can more accurately authenticate identities.
Precise IDSM, Experian's fraud detection and prevention platform, offers cutting-edge resources that enable you to outpace criminals by detecting, avoiding and managing cross-channel fraud activity.
We’ll also help you address and comply with regulations and internal policies, including the USA PATRIOT Act, the FACTA Red Flags Rule and e-signature requirements.
We're proud that Precise IDSM fraud platform, is used by organizations to identify fraud, authenticate users and validate their devices to manage application fraud and high risk accounts. It’s something that’s so important to our customers. That’s why we won’t rest until we help keep all the fraud out of your business.
Which Precise IDSM functionality best meets your business needs?
|Precise IDSM for Compliance||Precise IDSM for Identity Screening||Precise IDSM for Account Opening|
|Identity element validation and verification|
|Fraud ShieldSM high risk indicators|
|Wireless phone verification|
|Knowledge IQSM questions|
|Historical inquiry checks|
|Identity theft score|
|First payment default score|
|National Fraud DatabaseSM|
= Functionality using noncredit data assets
Blank = Not available
Existing regulations require the implementation of identity authentication procedures and fraud detection services to help accommodate Customer Identification Programs, Know Your Customer initiatives and mandates such as the FACTA Red Flags Rule and the USA PATRIOT Act.
Make more informed application processing decisions with Precise IDSM for Account Opening, a fraud prevention software solution which allows institutions to rely on an automated system to help them authenticate applicants from both a risk-mitigation and a compliance perspective.
Precise IDSM for Account Opening can be used with the following options:
Identity Element Network is Experian’s latest risk-based, identity fraud detection and prevention tool.
It establishes intricate identity linkages across Experian’s broad view of consumer actions to create fraud risk scores and attributes that identify consumers who have high risk of identity compromise.
Let Us Help - Contact Us
To find out more about Precise IDSM and Experian's fraud detection services, contact your local Experian sales representative, call us or request more information.
Call us at 1 888 414 1120
The following business fraud and identity solutions are accessed through Experian's eSolutions website:
- Precise IDSM
- National Fraud DatabaseSM
- Knowledge IQSM
Credit Union Saves 500 Hours Per Month in Labor
Pacific Marine Credit Union (PMCU) saved more than 500 hours per month in fax labor after switching to Experian's risk-based authentication tools, which feature a challenge question approach.
New and Existing Relationship Fraud Presentation
Examine the various types of existing account fraud, including account takeover, impersonation, bust out, synthetic identity and undetected acquisition fraud.
Risk-Based Authentication Webinar
Learn how a risk-based approach to verifying customer information enables consistent and objective decisions, faster approvals and maximizes the usage of staff time.