LexisNexis® Fraud Intelligence is a non-FCRA solution that helps organizations mitigate new account fraud risk. It brings together identity events and consumer application activity to arrive at a comprehensive, non-FCRA powerful score that offers a more complete view of identity. Because it can identify applications that are most likely fraudulent in near real-time, it limits friction for any legitimate customers.
Identity verification and authentication solutions that worked in the past may not be a match for today’s more sophisticated identity fraud attacks. Criminals have upped their game. At the same time, new technologies make it easier for them to evade detection through current risk management processes.
A common reaction is to impose more rigorous security measures to keep fraudsters out. But too often these measures have high false positive rates – and any time you make legitimate customers jump through hoops or delay their application from being approved, you risk having them abandon the process.
Fraud Intelligence can be used in conjunction with your existing workflows and risk strategies. Your organization can defend against a wider range of attacks and achieve the following objectives by layering Fraud Intelligence into your current fraud and identity workflows:
LexisNexis Fraud Intelligence analyzes hundreds of unique identity characteristics, identity application behaviors and identity events to provide real-time insight into application fraud risk. Powered by LexisNexis® Risk Solutions, the industry’s leading authority on fraud and identity management, it’s able to detect inconsistencies and recognize fraud patterns in application profiles that other fraud tools miss. It delivers the following outputs to better detect fraudulent applications:
Fraud Intelligence is currently available in three different forms that target fraudulent patterns within a specific industry:
You can also request a custom product tailored to your organization’s specific needs.
Fraud Intelligence provides businesses with the information they need to better help predict, detect and prevent the main drivers of identity fraud. Less fraud means higher profits. And when you’re able to quickly recognize threats and manage exceptions, you can deliver a positive, seamless experience—exactly what your consumers demand.
Convenient Ordering and Delivery Options
Fraud Intelligence can be used in conjunction with other LexisNexis Risk Solutions identity verification and authentication solutions to strengthen your organization’s fraud prevention strategy and workflow.
Get it now: For more information about LexisNexis Fraud Intelligence, please call 1-408-200-5755.