Identity and fraud dynamics are increasing the pace of change at astonishing rates due to aspects such as: consumer demand, technology advances, and increases in identity theft and account compromise.
Businesses need to understand and weigh fraud risks with the need to meet consumer expectations for fast, fricitionless experiences. According to our 2020 Global Identity and Fraud Report:
Passwords, PIN codes and security questions remain the authentication methods most widely used by businesses, followed by document verification, physical biometrics and CAPTCHA. Experian identity verification solutions span the entire customer journey from when the customer is first acquired, through portfolio changes, and even into collections.
How we help identify legitimate customers with confidence
Through trusted bust out fraud risk scores
With predictive scores and indicators that minimize false positives
Detect identities and identity elements at risk in your portfolio for proactive intervention
Identify fraud patterns and detect harmful bot activity
Learn more about why identity management is a win-win for you and your customers and how to get started.