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Equifax expands risk-based authentication capabilities

Monday 23 September 2013 10:56 CET | News

US information services provider Equifax has expanded its risk-based authentication capabilities within the Identity and Fraud product suite.

Equifax’s risk-based technology includes pattern and velocity detection, device recognition and risk score as well as financial account validation, among other criteria. These risk factors combine within automated transactional decisioning to give business a workflow that challenges users with the most appropriate authentication based on the risk presented by the person, their location and the task.

Equifax Identity and Fraud Solutions implement a layered security model by providing multi-layered security and fraud mitigation that performs in the background to assess risk during enrollment, account maintenance and ongoing transactional activity. Customers are not limited to their own experience with a user, but have the advantage of risk assessment across the Equifax network which can help identify actual or potential bad actors.

Equifax Identity and Fraud Solutions risk-based authentication and identity verification are available via a single API through our managed cloud service. Expanded features will be available starting with October 2013.

In recent news, Equifax has purchased TrustedID, a US-based provider of identity theft prevention and consumer credit protection services.
 


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Keywords: Equifax, risk-based authentication, online fraud, US
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






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