In a bid to tackle the rising threat of fraud, global information services company Experian has partnered with behavioral analytics firm NeuroID to enhance its fraud prevention solutions. The goal of the partnership is to combat identity theft, deter fraud attacks and protect against AI-powered...
It’s a scary fact, but anti-fraud experts agree that cybertheft rings are now well-funded multinationals with revenue goals of their own. Even worse, they now have our personally identifiable information (PII) and are using it to open fake accounts, decimating online trust. Compounded by the...
Cybersecurity efforts have traditionally focused on responding to data breaches and incidents of fraud after the fact, but as cybercriminals have grown in their sophistication, financial institutions and merchants have turned to innovations such as biometrics and behavioral analytics to prevent fraud at its source....
Digital channels have become normal for consumers when they interact with financial institutions (FIs) and businesses, even initially, and this means that they have come to expect onboarding processes that are faster and more secure. These FIs must thus make their sign-up processes hold new...
June 22, 2022
It’s a scary fact, but anti-fraud experts agree that cybertheft rings are now well-funded multinationals with revenue goals of their own. Even worse, they now have our personally identifiable information (PII) and are using it to open fake accounts, decimating online trust. Compounded by the loss of in-person cues with the rise of eCommerce along […]
August 13, 2024
Experian has added behavioral analytics to its fraud detection capabilities by acquiring NeuroID. Adding this new layer of insight into digital behavioral signals for both new and returning users will help combat artificial intelligence (AI)-enabled fraud, the companies said in a Tuesday (Aug. 13) press release. “Together with NeuroID, we’re excited to build new blended offerings that detect […]
December 05, 2023
In a bid to tackle the rising threat of fraud, global information services company Experian has partnered with behavioral analytics firm NeuroID to enhance its fraud prevention solutions. The goal...
