2011 News Releases
November 3, 2011
ID Analytics Unveils Prescreen Credit Score
ID Analytics, Inc., a leader in consumer risk management, today announced a new alternative credit score that has proven to help U.S. lenders and card issuers safely maximize their universe of prospects while minimizing risk. Credit Optics® Prescreen is the latest addition to ID Analytics’ Credit Optics suite of alternative credit risk solutions designed to deliver accurate risk insights into a consumer’s creditworthiness using real-time data not available from other sources. This new insight enables card issuers to reduce the cost per account to prescreen potential customers, both for direct mail and instant, or prescreen-of-one campaigns.
September 20, 2011
ID Analytics Study Finds Six Million U.S. Parents And Children Inappropriately Sharing Identity Information
Nearly six million parents and children in the U.S. are inappropriately sharing identity information according to new data released today from ID Analytics' ID:A Labs. While the study found that about 500,000 children under the age of 18 have had their identities stolen by a parent, perhaps most shocking is the finding that two to three million elderly parents are likely victims of identity theft initiated by their adult children.
August 4, 2011
ID Analytics Announces Speaker Lineup for Preeminent Consumer Risk Conference
ID Analytics, Inc., a leader in consumer risk management, today announced the speaker lineup for its annual risk conference, Advance 2011: Rediscovering the Consumer. The consumer risk management conference will be held on September 20-22 at the Omni San Diego Hotel. Mark Schwanhausser, senior multichannel financial services analyst at Javelin Strategy & Research, will discuss how companies are redefining risk management strategies to meet the latest priorities and attitudes of today's increasingly networked consumer.
July 12, 2011
More Than 140,000 Children Could Be Victims Of Identity Fraud Each Year
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 startling 140,000 identity frauds are perpetrated on minors each year.
June 29, 2011
45 Million People In The U.S. Deliberately Manipulate Their Identities
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).
May 10, 2011
ID Analytics Introduces Consumer Notification Service
ID Analytics, Inc., a leader in consumer risk management, today announced the availability of its Consumer Notification Service that benefits both businesses and consumers by alerting consumers in real-time when their identity is used, potentially without their permission. 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.
May 4, 2011
Corelogic Integrates Real-Time Identity Risk Insight From ID Analytics Within Next Generation Loansafe Fraud Manager
CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced a partnership with ID Analytics 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.
May 3, 2011
ID Analytics To Host 9th Consumer Risk Management Conference
ID Analytics, Inc. will host Advance 2011, its 9th Consumer Risk Management Conference, September 20-22, 2011, at the Omni San Diego Hotel. The theme of Advance 2011 is "Rediscovering the Consumer." The event will focus on how companies are redefining risk management strategies to meet the latest priorities and attitudes of today's increasingly networked consumer. Industry leaders from across multiple business, government, and privacy disciplines will discuss dynamic risk strategies to deal with today's consumer.
April 13, 2011
Zoot Partners with ID Analytics to Enhance Demand Deposit Account
Opening for Banks
Zoot, a leading provider of advanced instant credit decisioning and loan origination solutions, announced its partnership with ID Analytics, Inc. at the 2011 TowerGroup/CEB Annual Financial Services Strategy & Technology Conference & Exhibition. The companies' joint capabilities provide financial institutions with new options for demand deposit account (DDA) opening that are more profitable and more effective at analyzing risk.
March 23, 2011
ID Analytics Strengthens Management Team with Appointment of Senior Executives
ID Analytics, Inc., a leader in consumer risk management, today announced the addition of three senior executives to its management team and two strategic customer relationship executives. Steven Seoane has joined the company as vice president of enterprise solutions, Dr. Joseph Barr as chief scientist and Felice Rando as director of analytics. Seoane, Barr and Rando bring a half century of product development, strategy, analytics and technical leadership to the Company. Two new customer executives, Ken Pruett and Eric Gunderson, will provide deeper relationship expertise.
March 22, 2011
13 Million Americans Leave the Door Open to Identity Theft on Social Networks
Nearly 13 million Americans aged 18 or older who are on social networking sites will accept any social media connection request from a member of the opposite sex, regardless of whether or not they know that person, according to a recent survey. The survey of 1,011 U.S. adults, of whom 387 have joined an online social networking site, conducted via telephone by Harris Interactive® on behalf of ID Analytics last month, also found that men on social networking sites are more than twice as likely as women to accept any and all invites from someone of the opposite sex (18 percent compared to seven percent for women).
March 2, 2011
ID Analytics to Present at 2011 Montgomery & Co. Technology Conference
ID Analytics, Inc., a leader in consumer risk management, today announced its participation in the 2011 Montgomery & Co. Technology Conference taking place March 8 and 9 at the Fairmont Miramar Hotel & Bungalows in Santa Monica, California. Bruce Hansen, ID Analytic's president and chief executive officer, will provide an overview of the company's innovations in consumer risk management, growth in 2010 and market opportunities for 2011.
February 16, 2011
New Norton Cybercrime Index Provides Daily News Alerts on Top Threats & Scams
To protect and inform the billions of people online, Norton today introduced the Norton Cybercrime Index, which tracks and warns computer users about daily cybercrime risks around the world, providing information that is timely and actionable. With recent threats like the Here You Have (H-Y-H) virus, which tried to shut down electronic communications worldwide, and the high-profile attacks by Zeus botnets, computer users need a tool that makes understanding today's online threats simple and easy. The Norton Cybercrime Index alerts consumers to today's online trouble-spots and potential hazards, including the day's most dangerous websites, the most hijacked search terms by cybercriminals, as well as top scams, identity theft and spam. The free tool includes expert news about the day's most dangerous threat and advice on how to avoid it to stay safe online.