Fraud and Identity Solutions

Fraud has been identified as the biggest cause of revenue loss for financial, telecommunications and insurance organisations - and it is on the increase. With a proliferation of products and channels, including the growth in e-commerce, the risks have never been higher.

Our fraud and identity solutions help clients to protect themselves at all stages of the customer lifecycle from application fraud and identity theft to transactional and open account fraud.

Experian maximises the intelligence gained from the most critical element in the fraud detection process-data.

This valuable information is used in real-time in combination with proven detection rules to screen and highlight suspicious applications for further investigation and appropriate action by the fraud prevention team. Continuous monitoring and evolution ensures the effectiveness of fraud prevention measures.

Designed to be highly configurable, the integrated products and services can be used for all types of application fraud in the financial services sector and across multiple products and services.

The most effective strategy is to prevent fraud at the point of application. Experian offers fraud solutions integrated into our account origination products to detect and highlight suspicious applications without adversely affecting your customer service level - and ensuring your compliance with anti money laundering legislation.

Our Hunter fraud solution looks for anomalies and discrepancies within the application, and compares it against previous applications and known fraud data. Hunter provides a continuous cycle of prevention, detection, investigation and improvement, and is flexible enough to be used standalone or integrated with Application Processing solutions such as Transact SM and New Business SM.