Fraud in the private sector

Fraud is the biggest cause of revenue loss for financial, telecommunications and insurance organisations and the resulting losses always affect profitability. Our software and information will help you to detect potentially fraudulent applications even before a customer is accepted, in a speedy and efficient way.

Experian can provide you with instant verification, validation and authentication tools for preventing fraud in real time, while conducting secure online and call centre transactions. Experian can also provide you with the confidence that employees are who they say they are and are qualified to do the job with its Background Checking services.

Experian can monitor account patterns and assess customer behaviour based on the likelihood of them committing ‘open account fraud’ and preventing ‘bust-out’ or ‘sleeper’ fraud.

Experian develops products specifically for the insurance industry that verify information, quantify risk and investigate and prevent fraudulent claims.

Experian can validate a customer’s bank account details to confirm that the person that you are interacting with is who they say they are. Experian can also help your organisation to protect your customers and staff in the event of ID fraud.

Experian provides data breach response management to protect customers and staff in the event of a data breach, for example through unauthorised access to personal information such as bank account details.

Experian’s range of vehicle history products and services are specifically developed for the automotive industry and help to protect your business and your brand by reducing your exposure to risk.