Fintech

The Center for Financial Professionals (CeFPro) has named Experian in its global Fintech Leaders List for the second year in a row.

Since 2002, lenders have been aware of the importance of Know Your Customer (KYC) and the associated Customer Identification Program (CIP) requirements.

According to Experian’s latest Global Insights Report, 38% of consumers expect to increase their online activity in the next 12 months.

Digital transformation has impacted account takeover fraud over the last year, requiring businesses to update their prevention and detection strategies.

Here are the four steps fintechs should take to reenter the lending market intelligently, while mitigating as much risk as possible.

I’d like to explore a hybrid type – synthetic identity fraud – and how it can be the harder to detect than third- or first-party fraud.

It’s important to understand the costs and financial benefits associated with a Defense in Depth strategy before implementation.

Preventing account takeover fraud is paramount in today’s digital world. We explore the benefits and considerations of a Defense in Depth strategy. 

Look into North American trends over the last year and to learn how fraud prevention and positive customer relationships are two sides of the same coin.

Experian recently announced the new members named to its Fintech Advisory Board, which provides Experian with valuable insights into the fintech industry.

North American consumers’ expectations continue to rise in the wake of COVID-19, with a focus on online security and their digital experience.

For fintechs who were already challenging existing business models, COVID-19 suddenly accelerated financial services innovation into overdrive.

In Experian’s recent perspective paper, Preventing synthetic identity fraud, we explore how SID differs from other types of fraud and how to prevent it.

The CU Times recently reported on a nationwide synthetic identity fraud ring impacting several major credit unions and banks.

Differentiating good customers facing financial struggles from bad actors is getting more difficult, highlighting the need for effective decisioning tools.