2010 News Releases
November 30, 2010
U.S. Social Security Administration Selects ID Experts and ID Analytics For Complete Data Breach Analysis and Response Services
The U.S. Social Security Administration (SSA) has awarded ID Experts and ID Analytics a five-year blanket purchase agreement to help the SSA protect against and respond to breaches of personal information. ID Experts and ID Analytics will provide the SSA a comprehensive suite of services to minimize and protect against data compromises in conformation with SSA and Office of Management and Budget (OMB) compliance requirements. The agreement is the result of an open market competitive procurement.
November 18, 2010
ID Analytics Secures Patent for Identity-Based Fraud Detection for Transactions Using Historical Identity Records
ID Analytics, Inc., a leader in consumer risk management, announced today that the U.S. Patent and Trademark Office granted the issuance of U.S. Patent Number 7,793,835 for the company's system and method for identity-based fraud detection for transactions using a plurality of historical identity records.
November 16, 2010
ID Analytics Names Chief Information Officer
ID Analytics, Inc., a leader in consumer risk management, announced today that Rob Benson has joined the company as its Chief Information Officer bringing with him more than 25 years of industry experience in leading operations teams for large and small organizations.
November 9, 2010
Americans Exposing Answers to Common Security Questions and Identities on Social Networks
As millions of Americans flock to theaters to see "The Social Network," millions more are exposing their identities and potentially critical financial information on popular social networking sites. According to the 2010 Social Network Fraud Survey of 1,013 U.S. adults, conducted via telephone by Harris Interactive® on behalf of ID Analytics, Inc. this month, more than 24 million Americans age 18 or older leave their social network profiles mostly public.
November 1, 2010
ID Analytics and Clarity Expand Partnership to Help Organizations Bolster Fraud Detection Systems
ID Analytics, Inc., a leader in consumer risk management, and Clarity Services, Inc., a consumer reporting agency, announced today an expansion of their relationship to deliver solutions that fine tune fraud risk decisioning for underbanked consumers. Underbanked or "thin file" consumers may be creditworthy but lack a credit history or a traditional bank account. According to the 2009 FDIC National Survey, more than 42 million American adults fall into this category.
August 24, 2010
ID Analytics Names Chief Client Officer
ID Analytics, Inc., a leader in consumer risk management, announced today that David Ives has joined the company as Chief Client Officer bringing with him more than 15 years of industry experience leading sales and channel teams.
August 11, 2010
20 Million Americans have Multiple Social Security Numbers Associated with Their Name
More than 20 million Americans have multiple Social Security numbers (SSNs) associated with their name in commercial records according to a new study announced today from ID Analytics, Inc., a leader in consumer risk management. The study also found that rather than serving as a unique identifier, more than 40 million SSNs are associated with multiple people.
August 3, 2010
DataX, Ltd. adds Credit Optics to its product suite; helps lenders mitigate risk on thin-file consumers
DataX, Ltd., the industry leading real-time subprime credit reporting agency and data-verification provider, today begins offering clients an advanced feature for assessing risk on consumers that lack a detailed credit history.
June 23, 2010
TransUnion Unveils New Credit Optics™ Plus Score
TransUnion and ID Analytics today introduced a new credit risk score – ID Analytics Credit Optics Plus – that examines conventional measures of creditworthiness, willingness and ability to pay, in combination with a new dimension, stability, in a single solution. This powerful combination provides a 360-degree view of consumer behavior and enhances the predictiveness of credit decisions, often resulting in a performance lift for lenders.
May 25, 2010
ID Analytics Secures Identity-Based Fraud Detection Patent
ID Analytics, Inc., the leader in on-demand identity intelligence, announced today that the U.S. Patent and Trademark Office granted the issuance of U.S. Patent Number 7,686,214 for the company's system and method for fraud detection using multiple historical identity records. This patent recognizes ID Analytics' innovative technical approach to assembling a consumer identity network and producing highly-predictive insight into a consumer's behavior over time and across multiple industries.
May 11, 2010
ID Score® Account Takeover Accurately Pinpoints Account Takeover at Any Point in the Customer Lifecycle
ID Analytics, Inc., the leader in on-demand identity intelligence, today unveiled ID Score® Account Takeover, a new product which assesses the risk that a customer account change request is associated with a fraudulent account takeover attempt. ID Analytics ID Score® is trusted by leading organizations to protect against identity fraud, and now that same technology is available to identify the risk of account takeover. ID Score Account Takeover accurately assesses account takeover risk to minimize costs while ensuring a positive customer experience.
March 26, 2010
ID Analytics Hosts Webinar on Use of Risk-Based Identity Proofing to Boost Cybersecurity for Government Agencies
ID Analytics, the leader in on-demand identity intelligence, today announced the publication of its latest whitepaper, "Risk-Based Identity Proofing: The Key to Vetting Identities Online." ID Analytics' Thomas Oscherwitz, chief privacy officer and vice president, Government Affairs, and Dr. Stephen Coggeshall, the company's chief technology officer, hosted a webinar Tuesday to discuss risk-based identity proofing, a new approach to verifying consumer identities that enhances the security around web-based government services while minimizing inconvenience to the user.