Product

FraudIQ Identity Score

Prevent fraudulent activity during customer acquisition and account opening
Anchor Text

Product Overview

FraudIQ® Identity Score helps prevent fraud by delivering identity insights that detect linkages and suspicious patterns. This helps determine that the customer is who they claim to be. Using insights and customizable scoring, you can make critical decisions in real time when spotting potential fraudulent requests – often without increasing manual reviews or sacrificing customer satisfaction.
Anchor Text

Who It's For

Chief Fraud Officer

Reduce fraud through identity verification, authentication, and other strategies

Head of Line of Business

Generate revenue while minimizing exposure to fraud

Chief Risk Officer

Maximize compliance, minimize fraud risk

Solution

Keying Technology for Fewer False Positives

FraudIQ Identity Score leverages Equifax’s advanced keying logic to validate components of an applicant’s identity. This keying technology drives down the number of false positives that normally accompany fraud products. As shown by Equifax’s customer validation studies, decisions based not only on high-quality data about an individual from multiple data assets, but also with advanced analytics, can result in an almost 25% reduction in false positive rates.

How Can FraudIQ Identity Score Help?

FraudIQ Identity Score provides you with scores, reason codes, and attributes to help you answer the following questions:
  • Does the identity information exist and match a real identity?
  • Are there inconsistencies with the applicant’s behavior across a consortium of data?
  • Does this application have high risk variables that are known to be predictive of fraud?
  • *Does this meet Customer Identification requirements under the USA Patriot Act and red flag compliance?

Insights Articles

Related Products

FraudIQ Authenticate
Risk-based authentication helps prevent identity fraud without disrupting the customer experience
FraudIQ Identity Alerts
Protect your business from fraud by quickly identifying suspicious information and potential risks
FraudIQ Manager
Frontline defense against application fraud with improved workflows and fraud data sharing
FraudIQ Synthetic ID Alerts
Help protect your business from synthetic identity fraud losses while minimizing false positives
Anchor Text

Contact Us

Connect with our sales team and discover how FraudIQ Identity Score can meet your business needs.

Learn More About How We Can Help

Browse our resource library for case studies, product sheets, and more information about our services and solutions.