What is Precise IDSM for Identity Screening?
Experian's Precise IDSM for Identity Screening is an Online Identity Verification System Used by Clients Needing Basic Consumer Verification.
How Can Experian's Identity Verification Services Help My Business?
The need to accurately measure identity risk is met with Precise IDSM for Identity Screening, which provides an aggregated authentication risk score requiring only Gramm-Leach-Bliley Act exception.
Precise IDSM for Identity Screening automates the authentication process during high-risk transactions. With the identity verification services this tool offers, businesses can conduct a quick and accurate risk assessment prior to expanding relationships with consumers or approving account-level activities.
The product also is ideal for application screening and account management in situations where the FCRA permissible purpose for the use of consumer credit data may not apply.
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The flexibility of Precise ID allows you to address multiple types of:
- First-party fraud
- Third-party fraud
- Identity theft
- Synthetic identities
- Fraud rings
- First payment default
Experian Decision Analytics