Multipoint Verification
Part of the Sentinel™ Commercial Entity Fraud Suite
Multipoint Verification is Experian’s next-generation business verification tool. Powered by blended bureau data and non-traditional sources, risk is calculated by combining attributes and machine-learned models with third-party data to provide lenders and creditors with better insights into their commercial customers.
Make better decisions on your commercial customers
- Leverage practical intelligence from multiple, credible data sources to connect businesses to owners.
- Quickly flag informational discrepancies and synthetic identities during account opening.
- Automate account openings by separating low-risk applications to speed up approvals and reduce friction.
- Save as much as 80% on time spent manually reviewing and focus efforts on high-risk applications.
Better Commercial Data Sources
Go beyond single-sourced data products, which are limited in scope and prone to false positives, and consolidate data to quickly flag informational discrepancies. Multipoint Verification taps into blended bureau data and non-traditional sources like social and professional networks, historical employment, firmographic data and more to paint an accurate risk profile.
Reduce Manual Efforts
Reduce labor-intensive, manual fraud investigation costs by pulling together disparate, disconnected data on the business and business owner. With Multipoint Verification, Experian does the work of pulling together data elements like name, address, phone, email, website and other linkages to help verify there is no potential fraud associated to the business.
Increase Fraud Capture
Multipoint Verification’s powerful attribute repository offers lenders and creditors an 80% average cost reduction when compared to time spent on manual reviews, and when combined with Experian’s leading consumer verification tool, Precise ID, catches 30% more fraud.