Mitigate fraud, manage risk
Fighting fraud is an ongoing challenge. Our solutions enable you to predict losses from credit, fraud and identify potential breaches before they occur. Designed to defend your company against even the most sophisticated deception practices, our solution helps you detect suspicious activity in real time—and keep credit and fraud exposures at bay.
Predict credit and risk exposure
The Telecommunications Risk Score is a powerful, industry specific risk assessment solution for telecommunications providers. This tool predicts the likelihood of an applicant or established customer becoming a serious credit risk. Combining local and long distance nationwide telecommunications data with information from the Equifax credit reporting database, the Telecommunications Risk Score yields a numeric indicator that shows the intuitive probability of payment ranking for new and existing accounts. Integrating with overall decision strategies, the Telecommunications Risk Score provides unparalleled support for prescreening, account monitoring and late-stage recovery efforts.
Enhance credit decisions
Advanced Wireless Risk ModelSM predicts the likelihood of an applicant or established customer becoming a serious credit risk, such as 60+ days delinquent. Developed from extensive data specific to the communications industry, the model combines credit data and advanced modeling techniques to deliver numeric scores directly to service representatives. This tool outperforms other non-industry specific models and makes risk assessment quicker and more accurate. In addition, you will be able to develop more efficient acquisition strategies, allowing you to qualify applicants rapidly and consistently, with fewer exceptions needing judgmental evaluation.
Facilitate risk assessment and decisions
Advanced Energy Risk Model predicts the likelihood of an applicant or established customer becoming a serious credit risk, such as 90+ days delinquent. Developed from extensive data specific to the energy industry, the model combines credit data and advanced predictive modeling techniques to deliver numeric scores directly to service representatives. This tool outperforms other non-industry specific models and makes risk assessment quicker and more accurate. In addition, you will be able to develop more efficient acquisition strategies, allowing you to qualify applicants rapidly and consistently, with fewer exceptions needing judgmental evaluation.
Set the appropriate credit terms for commercial clients
Make smart, efficient credit decisions throughout the commercial customer's lifecycle with predictive credit risk scores that offer reliable insight into fraud and financial risk, general credit worthiness and potential for failure, without the effort of manually reviewing a business credit report.
Real-time fraud behavioral pattern detection
Businesses are challenged with detecting increasingly sophisticated fraud attempts. Growing reliance on online channels and a marketplace where 'instant credit approvals' are often demanded presents even greater opportunities for skilled fraudsters. While traditional identity screening can help identify synthetic and true-name fraud attempts, more sophisticated solutions also uncover behavioral patterns that are difficult for fraudsters to fake. Suspicious ID detects patterns across institutions and industries that are indicative of fraudulent activity in real-time.
Detect fraud before service activation
Identity Scan provides access to over a dozen, up-to-date, public and proprietary databases to effectively identify potential or known identity theft and fraud risks in real-time. Identity Scan detects suspicious activity by leveraging data sources such as credit fraud victim alerts, misused Social Security numbers, hot address and phone number lists. Prioritized alerts helps with better identification of possible fraud.
Screen for SSN fraud
Synthetic identify fraud is an increasing concern, with estimates that over half of all new account fraud involves synthetic identities which go unreported. SSN Affirm is a fast, efficient tool that helps reduce the risk of loss caused by synthetic identity fraud. Using a proprietary comparison algorithm, based on Social Security Number and consumer ID, SSN Affirm will alert you to potential fraud before it happens.
Mitigate the risk of doing business online
An Internet-based service, eIDcompare™ validates that an applicant's identity actually exists and provides an overall risk score for that identity. Useful as a 'frictionless' first layer of defense in a multi-layered strategy, eIDcompare leverages a waterfall approach to validating applicant information against multiple data sources. If an identity is connected to questionable activity, eIDcompare delivers a warning indicator, reason codes, data source validation, and either a 'pass' or 'manual review' recommendation. eIDcompare standardizes and reviews applicant-provided information to test for data inconsistencies and irregularities, including checking for details such as data that has been reported as belonging to a deceased person.
Using a five-step process which works by asking intelligent questions related to an applicant's history—like past residences, employment, and credit data—eIDverifier® uniquely authenticates their identity. First performing an upfront validation of identity, all subsequent questions are tailored and specific to each applicant. Leveraging a waterfall approach to validate information against multiple data sources and using these data sources in concert, eIDverifier offers excellent match rates, even for hard-to-ID populations like underbanked, young adults, immigrants, and the elderly.