ID Score: Gain Greater Visibility into Individual Identity and Device Risk
ID Analytics' flagship identity fraud solution, ID Score® delivers a highly accurate, real-time assessment of the risk associated with an individual at account opening which now includes an option to factor device identity into the risk assessment.
For over a decade, ID Score has been the most widely effective solution for stopping identity fraud losses at leading financial institutions, credit card issuers, retailers and wireless providers. ID Score improves the effectiveness of identity fraud detection through greater insight into consumer behavior and device profile risk, uncovering hidden associations between events, accounts and device usage.
The score can be used at any customer touch point to deliver:
- Effective fraud detection – assessing the risk of individual identities and devices
- A positive customer experience – reducing unnecessary friction while minimizing risk
- Lower operations costs – designed to reduce review queues and improve efficiencies
With ID Score, there's no compromise when it comes to balancing the accuracy of the risk assessment with maintaining a positive customer experience. ID Score delivers an accurate picture of consumer behavior in real-time based on an up-to-the-minute view of the identity and the device in use. Importantly, the entire process is completely transparent to the consumer. Organizations can quickly discern legitimate consumers from potentially risky individuals, thus avoiding introducing customer friction and limiting the need for additional review to only the riskiest applicants.
ID Score is a strong, multi-layer fraud analytic that factors in traditional risk assessment of identity based on Personally Identifiable Information (SSN, name, address, phone number, date of birth, IP address and email) along with device identification and history for any Internet-enabled device (smart phone, PC, tablet, laptop and smart TV) to produce a single, composite risk score.
The score leverages the unique data within the ID Network® combined with a real-time view of consumer behavior, ID Score uncovers many types of identity abuse including family fraud, first-party fraud and synthetic fraud.
ID Score is a hosted software solution that is easy to implement across all points of customer contact including online, call centers, mail, and in-store. The solution can receive applications and return scores via a batch process or in real-time 24 hours a day, 7 days a week.