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Resources tagged "Fraud Services"

Amplify your fraud prevention with Kount®.

It’s no secret that fraud continues to rise. The Aite Group estimates that losses from identity theft will grow to $635.4 billion by 2023. In other words, fraudsters will generate more annual revenue with ID fraud than any business’ yearly revenue globally, including Walmart and Amazon. Identity theft and fraud are big business with no […]

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Fight fraud effectively without disrupting the consumer experience.

As technology improves, so does the savviness of fraudsters. But you don’t have to fall victim; Equifax’s multilayered approach to fraud helps you stay a step ahead, without overburdening your consumers. This balancing act is a challenge, but it’s vital to the success of your business. So how can you enhance your authentication processes without […]

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Stop fraudsters and reduce losses with Equifax fraud solutions.

Leveraging the right solution at the right time is key to stopping fraudsters and reducing losses. We work with financial institutions and businesses to create a layered approach using Equifax products and solutions to fight fraud at every step of your consumers’ journey. AML Connect: A streamlined, scalable anti-money laundering compliance service from Equifax and FICO. FraudIQ® Identity […]

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Strike the right balance between consumer experience and security.

Separate fact from friction! In the time it takes you to read this sentence, your consumers could be prequalified for a loan by simply entering their ZIP and last-four SSN and be fully authenticated at the same time.  InstaTouch ID uses Equifax and mobile carrier data to instantly validate your consumers’ identities. Then, it autofills form […]

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Stay a step ahead of identity theft and synthetic ID fraud.

As more transactions move into the digital space, you’re likely challenged with detecting increasingly prevalent identity theft and more sophisticated application fraud. FraudIQ® Identity Scan Alerts are an excellent first line of defense, helping you identify both true name and synthetic identity fraud, which can assist in reducing charge-offs and other losses. Identity Scan Alerts help identify potential […]

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The new year will be here before you know it!

As you strategically plan and budget for 2022, we’d like to remind you that Equifax provides a wide range of solutions and capabilities beyond our traditional credit reports. If your strategic plan for 2022 includes priorities in technology, fraud prevention, online banking, risk management, new account acquisition, and/or process automation, consider how Equifax’s robust suite […]

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Ensure compliance to spot suspicious patterns and prevent identity theft

An estimated 9 million Americans have their identities stolen each year. Identity thieves are becoming more and more cunning, utilizing both traditional and sophisticated technology to drain accounts and damage credit. The cost to your business — left with unpaid bills racked up by scam artists — can be staggering. The Red Flags Rule requires many […]

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CS Industry Insights for November

Understanding consumer financial durability The coronavirus pandemic has impacted numerous U.S. households—but in different ways. Financial Durability helps marketers understand the financial capacity of households more holistically, beyond income and credit score. FICO study finds most banks lack digital identity verification During COVID-19 more consumers than ever are using online banking. Yet, a new survey […]

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Synthetic Identity Fraud

Published Equifax Insights blog on Jul 22nd, 2019 The Achilles’ Heel of Synthetic Identity Fraud  By Christine M. Cornwell Losses from Synthetic Identity Fraud are Increasing Most of us are familiar with the fable from Greek storyteller, Aesop, about the boy who cries wolf. To get attention, he pretends a wolf is attacking his sheep. […]

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