Precise ID

Experian's powerful Precise IDSM gives you the most complete and accurate view of a consumer's identity so you can make the right decisions, when it counts – at the account desk and point of application. Precise ID’s risk based approach considers credit and non-credit data, as well as, scores and analytics. The optional knowledge based authentication supports expanded investigations of suspect accounts. It also aids in FCRA and GLB compliance by meeting mandated government and industry compliance.

Precise ID ensures consistency across your organization with rules that support your credit, fraud and compliance policies. By tuning rules to your desired settings, you can weight data based on your level of tolerance resulting in a reduction in false positive rates, fewer manual account reviews, a decrease in operational costs and faster processing times.

Experian’s unparalleled depth and breadth of data sources provide a more accurate picture of each applicant. With their National Fraud Database precise ID reports can access over half a million known fraud records from Experian's fraud consortium. This along with its risk indicators makes Precise ID the leading fraud prevention tool out on the market today.