Identify and prevent fraud

Identifying and preventing fraud is another key element in a strategic approach to fraud risk management.

Understanding your greatest vulnerabilities allows you to put more emphasis on layered defences with protection commensurate with risk and value. Available as hosted, web services or integrated in-house, our comprehensive portfolio of proven, multi-layered solutions cover four key areas of fraud prevention:

1. Verify intention to pay

   Use our Fraud Analytics in conjunction with data and credit services to accurately establish whether the applicant’s ability to pay matches their intention to pay. It analyses the bad debt book, identifies inconsistencies, patterns and triggers and develops fraud scorecards based on historic impairment cases to help verify the intention to pay.

2. Validate and verify customer identity

   With coverage in over 200 countries, our automated Identity Document Authentication tool quickly establishes document validity, accurately confirming that the customer really exists and is who they say they are - all in a compliant manner with minimal impact on customer experience.

3. Assess device risk

   Our comprehensive fraud detection solution rapidly analyses device attributes and behaviours in combination with user and account data to identify suspicious activity.

4. Detect, investigate and manage potential fraud

   The accurate and efficient identification, investigation and resolution of potential fraudulent applications based on data, device and behaviour, is key to combatting fraud. Our fraud management systems help our clients do this in a way that ensures operational efficiency and maximum return on investment.

   Our solutions also use complex link analysis technologies to uncover known and unknown fraud networks through automated detection across local, sectoral and national databases to offer country-wide collaborative data sharing.

Let Experian help you develop a strategic response to fraud

Looking to learn more? Click here to read more about Experian’s approach to fraud risk management.