Fraudsters have two common strategies. They often use the same fake or stolen identities across different organizations or multiple departments in the same organization. Fraud departments don’t always share data across business lines in the same company. Furthermore, they don’t have insight into which fraudulent identities were caught at other companies.
A collective view of fraudulent activity both within and outside the organization helps protect against these fraudulent attempts. FraudIQ Manager provides a cross-industry universe of confirmed and suspected fraud. It gives fraud departments a flexible rules engine and a way to learn from previous known and suspected fraud. FraudIQ Manager specifically helps organizations bridge the gap between fraud investigation and account opening teams.
FraudIQ Manager is a web-based solution that includes:
Flexible, customizable rules engine
Fraud ring detection capabilities
Workflow management & reporting
Advanced linking and searching capabilities
Fraud data sharing within and/or outside of an organization
Learn more how your organization can benefit from FraudIQ Manager.