Report
Published October 16, 2024
Banks Fraud Management
Account takeover (ATO) fraud is surging, with losses reaching nearly $13 billion in 2023 — a 15% year-over-year increase. As fraudsters become more sophisticated, this upward trend shows no signs of slowing.
To protect your organization and customers, it’s critical to implement comprehensive, scalable fraud prevention, identity verification and authentication solutions. Discover why Experian was recently named a leader in ATO prevention by Liminal.
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White Paper
GenAI in finance: a formula for growth and profitability
GenAI isn’t just changing the financial services industry; it’s redefining it. When faced with industry challenges and economic uncertainty, leading financial institutions strategically leverage GenAI to drive business growth and profitability.
Experian’s latest innovation, Experian Assistant, is empowering financial institutions stay ahead of the competition while driving strong business results.
Experian Assistant enables organizations to:
- Enhance operational efficiency
- Reduce costs
- Improve customer experience
Download our latest white paper to unlock insights into how you can improve internal productivity, serve your customers more effectively and generate revenue.
Infographic
What traditional models miss about today's borrowers
Relying solely on traditional credit scores can leave you with a limited view into consumers’ financial stability.
See how integrating alternative data can help you:
- Identify more qualified borrowers
- Spot potential risks
- Strengthen portfolio performance
Infographic
Make better, data-driven decisions with loan loss analysis
Loan loss analysis is an effective way for lending institutions to drive smarter business decisions by identifying loans that have been lost, where they’ve been booked, their key characteristics, and how they’ve performed.
With loan loss analysis, you can gain visibility into:
- What type of financial institution did that applicant book with (bank, credit union, finance company, etc.)?
- What was the average loan amount, and were others offering more or less?
- What was the estimated interest rate, and how did it compare to yours?
- What was the loan term length?
- What was the average risk score?
Accessing this information can help your organization validate your lending policies or find out where you can make adjustments to remain competitive in the market and win more business.
Webinar
State of Card: Unmasking Fraud Disguised as Credit Risk
With the recent Fed announcement and fewer interest rate cuts on the horizon, it’s time to posture your organization more defensively. Where to start? A portfolio management activity that is often overlooked is the accuracy behind classifying fraud and credit risk.
Join our experts for an insightful webinar where they’ll review:
- The state of the Credit Card industry
- The value of performing lookback reviews – beyond accuracy
- Credit tools to help your portfolio management strategies