Experian has been recognized as a market leader in compliance and fraud prevention capabilities and market execution by Liminal's LinkIndex Report for Account Opening in Financial Services. The report evaluated 150 vendors in the financial sector and identified 32 companies as market leaders in compliance and fraud prevention for account opening. Experian's identity verification and fraud prevention solutions, including CrossCore and Precise ID, received the highest Link Score out of the 32 companies highlighted in the report. CrossCore helps clients verify identities, detect and prevent fraud, and ensure regulatory compliance using real-time risk analytics and decision-making strategies. Precise ID provides real-time identity verification and the ability to identify and treat specific fraud risks. Experian estimates that its fraud prevention solutions helped clients save more than $12 billion in fraud losses globally last year.
Kathleen Peters, Chief Innovation Officer for Experian's Decision Analytics business in North America, expressed excitement about being named the top market leader in compliance and fraud prevention capabilities and execution. She stated that Experian is continually innovating to deliver effective identity verification and fraud prevention solutions to clients. Travis Jarae, CEO at Liminal, emphasized the importance of choosing the best fraud prevention and compliance vendor for lenders to plan for future growth and combat fraud.
Liminal's LinkIndex Report is a comprehensive analysis for buyers seeking technology solutions based on expert insights and perspectives. It evaluates and ranks product capabilities based on their applicability to market use cases. The report leverages Liminal's Digital Identity Landscape taxonomy and ontology to assess vendor solutions accurately.
To read the Liminal Link Index Report, visit Experian's blog. To learn more about Experian's identity verification and fraud prevention solutions, visit their website.
Experian is a global information services company that empowers consumers and clients to manage their data with confidence. They help individuals take financial control, businesses make smarter decisions, lenders lend more responsibly, and organizations prevent identity fraud and crime. With 22,000 people operating across 32 countries, Experian is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.