Competitive Testing in Fraud and Identity
When companies base vendor decisions on flawed assumptions or incorrect interpretation of results, it can lead to costly decisions. Here’s how to get it right.
Choosing Reality Over Hype
Anti-fraud professionals tasked with managing risk in a financial portfolio must contend with a challenging ecosystem of stakeholders, business goals and risk mitigation tools and procedures.
Delivering a friction-appropriate customer experience goes head-to-head with competing goals of implementing controls that limit risk exposure related to consumer default, exposure to fraud schemes and regulatory compliance.
In this white paper, Dr Jeffrey Feinstein, Global Head of Data Science, LexisNexis® Risk Solutions, discusses the role of competitive testing in getting the balance right.
You will learn:
- How to avoid common missteps when evaluating fraud and identity solutions
- Best practices to improve the reliability of competitive testing predictions
- How to look beyond the hype and choose the right vendor to realize your goals