Executive Spotlight
Three significant themes dominated the U.S. consumer risk management landscape in 2011: consumer behavior is driving the industry to expand the traditional definition of identity, the regulatory environment is putting downward pressure on company's revenue streams, and fraud continues to be a dynamic problem. Creating innovative solutions that address the intersection of these three themes has been of paramount importance to ID Analytics. At the core, we're single-mindedly focused on helping organizations of all sizes better manage consumer risk while improving the customer experience. For example, examining consumer behavior and learning how consumers use their identity to interact with organizations helps us to better understand the risk and opportunity of a consumer. And, the accuracy of that insight is increasingly important as organizations seek to find and retain good customers and continue the fight against fraud. |
 Steve Seoane Vice President, Enterprise Solutions ID Analytics, Inc. |
Special Feature
ID Analytics Hosted Preeminent Consumer Risk Conference
Javelin's Mark Schwanhausser Presented Advance 2011 Keynote on Risk Strategies for Meeting the Needs of Today's Networked Consumer "Mark Schwanhausser, senior multichannel financial services analyst at Javelin Strategy & Research, opened the event with a discussion on how companies are redefining risk management strategies to meet the latest priorities and attitudes of today's increasingly networked consumer. |
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Thought Leadership
45 Million People In The U.S. Deliberately Manipulate Their Identities
ID:A Labs Study Finds More Than 16 Percent of U.S. Population Engage in Improper Identity Manipulation, with Houston Being the Worst City When does a little white lie become fraud? ID Analytics, Inc., a leader in consumer risk management, today released results of an ID:A Labs study that found an estimated 45 million people in the U.S. have deliberately manipulated their identities in applications for credit, cell phone service, auto loans or other credit transactions. Looking beyond typos and name changes, this study examined deliberate and improper variations of Social Security numbers (SSNs), names and dates of birth (DOBs). |
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Identity Risk
More Than 140,000 Children Could Be Victims Of Identity Fraud Each Year New Study from ID Analytics Finds When Children's Data is Exposed, it is Misused More Frequently
For most people, the thought of their children being victims of identity fraud is even more chilling than being a victim themselves. While children are less at risk for identity fraud than adults, when it happens it can be much more devastating because the fraudulent activity can go undetected for years, making it all that much harder to restore the victim's good name. A new ID:A Labs study from ID Analytics found that a... Read more » |
Credit Risk
Two Solutions for Two Different Loss Drivers: Combining Credit Optics and ID Score at DDA Account Opening In the past 12 months, as regulatory bills such as the Durbin Amendment began to take effect, the profitability model for DDA banking was changed dramatically.
With key revenue streams eliminated or heavily constrained, banks are being challenged to mitigate the impact of these new regulations by reducing both operational expenses and overall losses. While this is a challenge most risk managers will find familiar, success will require significant innovation, and a change in traditional thinking regarding DDA credit and fraud risk. Read more » |
Consumer
ID Analytics Introduces Consumer Notification Service First Service that Instantly Connects Consumers—Wherever They Are—with Businesses so Fraud Can Be Stopped Before Damage is Done
The Consumer Notification Service, which benefits both businesses and consumers by alerting consumers in real-time when their identity is used, potentially without their permission is now available. With ID Analytics' industry-first patent-pending Not Me™ Notification System, consumers and businesses now have the power to work together to stop identity fraud in its tracks. Read more » Watch video » |
Partner Corner
Corelogic Integrates Real-Time Identity Risk Insight From ID Analytics Within Next Generation Loansafe Fraud Manager
Mortgage Lenders to Gain Additional Risk-Management Power from Fusion of Industry-leading Insight into Cross-Industry Consumer Identity Behavior ID Analytics proudly announces a partnership with CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, to enable access to its ID Network® within the CoreLogic next generation LoanSafe® Fraud Manager. The delivery of ID Analytics' ID Network® Attributes™ within the web-based next generation fraud platform equips mortgage lenders with the most specialized and comprehensive identity data and analytics set available today for fraud- and risk-prevention. |
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