Latest Posts

“Are You Ready For It?” (Some Football Advertising Success That Is!)

Are you ready to talk football? And read some Taylor Swift puns? And hear about a big automotive ad measurement success story? 'Don’t Blame Me’, I warned you…. As we are all aware, Travis Kelce will be playing for the Chiefs on Superbowl Sunday. Whether you are cheering for the Chiefs, the 49er’s, or you’re just there to watch the commercials and half-time show, ‘You Need to Calm Down’ and just expect to hear a couple references during the game about Taylor and Travis’ ‘Love Story’. Ad Measurement at the Top of Its Game Before the final match-up of this season though, let’s go ‘Back to December’ and talk about a “Red” hot advertising success story from Thursday Night Football. An automotive advertiser wanted to better understand the impact of advertising frequency on vehicle purchase activity. To do this, the advertiser initiated an Amazon Prime streaming advertising campaign to reach Thursday Night Football (TNF) audience viewers. They reached these viewers by leveraging in-game media to raise awareness with new and TNF-engaged audience viewers. In addition, the advertiser used remarketing techniques and other Amazon ads to re-engage the previously exposed TNF viewers. Campaign Results—More Than Just Karma! After the campaign was over, the automotive advertiser wanted to learn whether the results were more than just ‘Karma’. They used Experian’s Vehicle Purchase Insights data within Amazon Marketing Cloud (AMC) to fill in the ‘Blank Space’ and attribute vehicle sales to the exposed TNF audience. Customers exposed 2-3 times to their ads were 1.3X more likely to purchase a vehicle than viewers who were exposed to the advertising only once Customers exposed to their ads 4 times were 1.6X more likely to purchase a vehicle than viewers who were exposed to the advertising only once The advertiser understood ‘All Too Well’ the results, the campaign was a success! Even if you’re over all the pop culture references and the Swift romance, ‘Shake it Off’, there’s no reason for any ‘Bad Blood.” The ‘Fearless’ leader of the scoreboard will have their ‘Wildest Dreams’ come true and be named the Super Bowl LVIII champion. To read more about this case study, (without the Taylor Swift song title puns), click here.  

February 6, 2024 by Kirsten Von Busch
Unlocking the Future of Credit Underwriting

The future of credit underwriting will depend on advanced analytics that can draw conclusions from vast amounts of data.

February 6, 2024 by Julie Lee
Navigating the Risk of Doing Business with Unsecured Third Parties

Ryan Coyne recently participated in a panel with industry experts, delving into third-party cyber risks and mitigation strategies.

February 5, 2024 by Michael Bruemmer
What Is Enterprise Identity Management?

Enterprise identity management helps companies manage their customers' digital identities and information.

February 5, 2024 by Stefani Wendel
Stealing Wheels and Identities: The Most Common Fraud Schemes Targeting Auto Dealerships

  Auto dealerships may sell dreams of open roads and freedom, but unfortunately, they also attract a different kind of customer: the identity thief. With high-value transactions and access to sensitive personal information, auto dealerships are prime targets for various fraudulent schemes. So, buckle up as we explore the most common types of identity fraud impacting dealerships and how to keep your wheels safe. Four common fraud schemes dealers need to be aware of 1. Third-Party Identity Fraud (Stolen Identities): Hijacking the Identity Highway This method doesn't involve creating new identities; it steals existing ones. Thieves steal personal information, often through data breaches or phishing scams, and use it to apply for auto loans under the victim's name. The dealership unwittingly approves the loan, leaving the real person saddled with the debt and a ruined credit score. 2. Synthetic Identity (Fabricated Credentials): Frankenstein Fraud on the Fast Lane Think of synthetic identity fraud as identity theft with a twist. Criminals combine real and fake information, like stolen Social Security numbers and fabricated addresses, to create entirely new personas. These fabricated identities then build clean credit histories, allowing them to qualify for high-value loans like car financing. By the time the dealership realizes the fraud, the car, and the fake persona have vanished. 3. First Party: No Way Will I Pay This method doesn't involve creating new identities; rather it is when a person knowingly misrepresents their identity or gives false information for financial or material gain. Fraudsters often have no plans to pay for their vehicle. 4. Document Fraud: Paper Trails of Deception Fraudsters can also manufacture fake or altered documents like driver's licenses, proof of income and employment verification. These forged documents create a veneer of legitimacy, allowing them to bypass dealership verification checks and secure loans based on fabricated information. Four ways dealerships can keep their brakes on fraud 1. Robust verification: Implementing multi-factor authentication, cross-referencing information with reliable sources, and verifying documents with advanced technology can significantly reduce the risk of deception. Fraud Protect™ from Experian Automotive leverages license scanning and selfie capture to verify identity. Dealers can find the true person and verify the activity through device, behavior, and step-up services. 2. Employee vigilance: Training staff to identify suspicious behavior and report potential fraud attempts can create a strong internal defense system. Fraud Protect fits within your current systems and processes. The software integrates with your CRM and does not require heavy software training or any additional hardware simplifying employee usage. 3. Secure data: Investing in data security measures like encryption and access controls can significantly deter hackers and minimize the damage from data breaches. Fraud Protect leverages Experian’s world-class data to handle the customer relationship carefully and detect errors and discrepancies. 4. Partnerships: Collaborating with credit bureaus, law enforcement agencies and fraud prevention systems can provide valuable insights and resources for fighting fraud. Experian is the world’s leading information services company. Fraud Protect from Experian Automotive offers a unique partnership for dealers through seamless CRM integration. This simple process makes multiple levels of risk identification quick and efficient for busy buyers. By acknowledging the various forms of identity fraud and implementing proactive measures, dealerships can protect themselves and their consumers from the impact of identity fraud. Fraud Protect empowers dealers with our leading fraud, identity and verification capabilities, integrated within your unique workflows. Whether on your website, leveraged before test drives, initiating out-of-state & and remote closings, or before contracting, Fraud Protect quickly uncovers potential fraud. The entire process is a quick and painless way to address risk while establishing customer trust. Take the first step in protecting profits and preventing fraud by visiting our auto fraud prevention solutions webpage.

February 2, 2024 by Kelly Lawson
Successful Third-Party Collections

Learn how third-party collections can benefit from modern technology to improve recovery rates and compliance.

January 31, 2024 by Laura Burrows
Income Verification: Providing Seamless Experiences

With automated income verification, lenders can approve more applicants quickly and provide exceptional digital experiences. Learn more!

January 30, 2024 by Theresa Nguyen
Unveiling the Future: The Experian 2024 Data Breach Industry Forecast

We've released our 11th annual Experian 2024 Data Breach Industry Forecast to embark on a journey into the future of data breaches.

January 29, 2024 by Michael Bruemmer
Report: State of the Economy, January 2024

This report provides a snapshot of the top monthly economic and credit data, including student loans, consumer spending, and delinquencies.

January 29, 2024 by Josee Farmer
What is Identity Resolution?

Leveraging an identity resolution solution, organizations can accurately recognize consumers, build targeted marketing campaigns and more.

January 26, 2024 by Guest Contributor
Risk Management Models: A Quick Guide

Dive deeper into model risk management, its importance for organizations, and the key elements of a model risk management framework.

January 25, 2024 by Julie Lee
Overcoming Online Identity Verification Challenges

Effective online identity verification can help improve your customers' experiences while preventing fraud.

January 24, 2024 by Stefani Wendel
The Benefits of Loan Origination Automation

From initial screenings and data entry to determining a final decision or credit limit, loan origination automation provides many benefits.

January 23, 2024 by Julie Lee
Maximize Profitability and Mitigate Risk with Proactive Credit Limit Management

Automate your credit limit management process to better serve your customers and quickly respond to the volatile market.

January 22, 2024 by Lauren Makowski
Payment Fraud Detection and Prevention: What You Need to Know

Approaches to payment fraud detection and prevention have evolved over time. Many organizations are now using AI and machine learning models.

January 19, 2024 by Eilean.Roppel@experian.com

Subscribe to our Newsletter

Enter your name and email for the latest updates.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Subscribe to our Newsletter

Don't miss out on the latest industry trends and insights!
Subscribe