LexisNexis® RiskNarrative™ Automates Fraud Decisioning With Orchestration
Advantage Finance provide automotive credit to consumers who may otherwise be underserved by traditional lenders. The company needed a way to expedite fraud decisioning to positively impact customer experience. They also needed a way to automate contributory reporting to the Cifas National Fraud Database.
This case study illustrates the results Advantage Finance achieved by leveraging the RiskNarrative™ platform across key fraud decisioning and onboarding workflows.
Key requirements included:
Reduce operational costs while managing risk and mitigating fraud
Control overall volume of manual referrals
Minimize false positives
Simplify Cifas reciprocity obligations by automatically filing fraud cases to the Cifas database
Focus employee resources on high-value decisions
Download the case study to find out how Advantage Finance automated their fraud decisioning and realized operational efficiencies through risk orchestration.