Detect fraud on loan and credit applications before making credit approvals with Experian. Experian’s Detect is used to highlight possible fraud based on differences in consumer information that has been given on an application.
Benefits of detecting fraud
- Reduce fraud losses
- Increase application approval rates
- Decrease application processing time
How can Detect help you?
Detect makes use of a number warning indicators to highlight possible fraudulent behavior all while providing the user with flexibility and ease of use.
- Identify anomalies in the ID number provided, quickly
- Highlight inconsistencies in application data submitted
Every organisation’s lending criteria is different but detecting fraud is of utmost priority for any organization. Use Experian’s Detect Solution to highlight possible fraud as part of your application decisioning process and help your bottom line.
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