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In the era of online and mobile commerce, it’s critical that companies know they’re doing business with a real person. Yet, many intrusive verification processes end up creating customer abandonment or delaying account acquisition.
FraudIQ™ Identity Score delivers insights on identity linkages and suspicious patterns. This helps determine if the customer is who they claim to be. As a result, companies can use the insights and customizable scoring to make real-time decisions when spotting potential fraud.
FraudIQ Identity Score helps prevent:
- Loss of revenue from consumer abandonment due to onerous verification processes
- High levels of manual reviews that increase client acquisition costs
- Potential regulatory scrutiny from rising identity fraud rates
- Increased false positive alerts which makes efficient deployment of resources difficult
- Reputational risk due to increased fraud and customer dissatisfaction
Learn more about how this sophisticated scoring model can expand your universe of customers while reducing risk.
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FraudIQ™ Identity Score