News Releases
Digital Matrix Systems Teams with ID Analytics to Offer ID Score
ADDISON, TEXAS, November 1, 2005 — Digital Matrix Systems, Inc. announced that it has partnered with San Diego-based ID Analytics, Inc., the Identity Risk Management company, to integrate ID Analytics ID Score®– the standard for identity risk decisions – into three DMS products. Now in use by more than half the retail and credit card industry in the US as well as leading wireless and online consumer finance companies, ID Score calculates the risk associated with an identity at any point in the customer lifecycle.
Available through the DMS CreditBrowser™, CreditToolkit™ and Transaction Interceptor™, ID Score can be provided to DMS clients along with credit data, credit bureau scores and any scores DMS generates. Use of the ID Score will allow clients to identify ID theft and related fraud in their own application streams and to focus Identity Risk Management efforts on suspect identities with the highest likelihood of fraud without alienating legitimate customers.
“The credit card industry is constantly looking for ways to stay steps ahead of fraudsters,” said David McGough, president of Digital Matrix Systems. “This partnership allows DMS to offer our clients a powerful and quick defense against identity fraud.”
CreditBrowser offers clients fast and secure worldwide access to credit information through the Internet. Credit Toolkit is a high-speed credit engine that facilitates communications with external data sources, standardizes the data returned and presents a normalized interface to an application processing system. Transaction Interceptor is a software tool that is inserted between various credit engines and the credit bureaus to save a copy of raw data without the need for coding changes to legacy systems.
About ID Analytics, Inc.
ID Analytics is the Identity Risk Management company providing advanced analytic solutions that prevent identity fraud and manage identity risk across the customer lifecycle. ID Analytics' intelligent ID Network®, the first and only real-time national network built exclusively to manage identity risk, coupled with its optimization technology, makes it possible for organizations to calculate the risk associated with an identity and balance identity risk against profit. The ID Network is in use daily by over half the credit and retail card issuer market in the US, as well as leading wireless and online consumer finance companies. To empower consumers and to help more organizations in more industries to fight identity fraud, ID Analytics has channel partners in the bankcard, credit reporting and retail banking industries.
About Digital Matrix Systems, Inc.
DMS recognizes trends in the credit industry and develops products and services that clarify analytics, giving control to a company’s modelers and eliminating the mystery to create unparalleled value for clients. Since 1982, DMS has developed products and services designed to give any credit-granting institution greater processing speed, higher accuracy and easier-to-use analytic tools that are transparent throughout the Risk Analysis Lifecycle.
ID Analytics is a registered trademark of ID Analytics, Inc. All other trademarks and registered trademarks are the property of their respective holders.