EXPN

Experian’s Sentinel™ Commercial Entity Fraud Suite helps lenders and insurers prevent fraud for businesses of all sizes

Retrieved on: 
Wednesday, November 9, 2022

Experian, the worlds leading global information services company, today announced Sentinel, a suite of commercial entity fraud detection solutions, to help lenders and insurers prevent fraud and protect small to large businesses.

Key Points: 
  • Experian, the worlds leading global information services company, today announced Sentinel, a suite of commercial entity fraud detection solutions, to help lenders and insurers prevent fraud and protect small to large businesses.
  • Experians Sentinel suite may help businesses detect and distinguish different types of entity fraud, including first-party, third-party and synthetic identity fraud.
  • By recognizing the specific types of fraud risk, lenders and insurers can set up the right controls to mitigate fraud and better serve businesses of all sizes.
  • Our new Sentinel commercial entity fraud suite can help lenders and insurers prevent fraud so that funds can go to legitimate businesses that need it and stay out of the hands of fraudsters.

InfoSum Collaborates with Experian on Privacy-Centric Identity Bridging Initiative

Retrieved on: 
Wednesday, October 26, 2022

InfoSum, the worlds leading data collaboration platform, today announced an agreement with Experian, the worlds leading global information services company.

Key Points: 
  • InfoSum, the worlds leading data collaboration platform, today announced an agreement with Experian, the worlds leading global information services company.
  • The integration builds on Experians collaboration with InfoSum as an InfoSum Bridge participant, which first launched in 2021.
  • With access to InfoSum Bridge, Experian and InfoSum clients can leverage Experians digital and offline identifiers to strengthen interoperability and addressability across agencies, brands, and media owners while prioritizing consumer privacy.
  • Experian and the Experian trademarks used herein are trademarks or registered trademarks of Experian.

Prove Identity and Experian Partner to Advance Global Financial Inclusion Through Next-Generation Identity Verification Technology

Retrieved on: 
Tuesday, October 25, 2022

Experian, the leading global information services company, and Prove Identity, Inc. (Prove), the leader in digital identity, today announced a global partnership to further financial inclusion across the globe through advanced identity verification technology.

Key Points: 
  • Experian, the leading global information services company, and Prove Identity, Inc. (Prove), the leader in digital identity, today announced a global partnership to further financial inclusion across the globe through advanced identity verification technology.
  • Prove is able to verify the identities of traditionally underbanked populations such as those with thin or no credit files.
  • Trust Score : A real-time measure of phone number reputation that can be leveraged for identity verification and authentication purposes.
  • Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group.

Tavant Announces Integration with Experian to Drive Mortgage Application Efficiency with Enhanced Instant Form Fill

Retrieved on: 
Thursday, October 20, 2022

Experians Enhanced Instant Form Fill empowers borrowers to permission access to their personal data, which is automatically added to their mortgage application.

Key Points: 
  • Experians Enhanced Instant Form Fill empowers borrowers to permission access to their personal data, which is automatically added to their mortgage application.
  • With increased automation, lenders can drive efficiency, reduce friction, and grow their business.
  • Enhanced Instant Form Fill also leverages Experians fraud and identity solutions, Precise ID and FraudNet, to authenticate borrowers and protect their information throughout the experience.
  • Were excited to integrate with Tavant to help lenders streamline their mortgage application process, said Susan Allen, Head of Product at Experian Mortgage.

S&P/EXPERIAN CONSUMER CREDIT DEFAULT INDICES SHOW COMPOSITE, AUTO LOANS AND FIRST MORTGAGE RATES STEADY IN SEPTEMBER 2022

Retrieved on: 
Tuesday, October 18, 2022

NEW YORK, Oct. 18, 2022 /PRNewswire/ -- S&P Dow Jones Indices and Experian released today data through September 2022 for the S&P/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate was unchanged for the past three months at 0.57%. The bank card default rate fell three basis points to 2.38%. The auto loan and first mortgage default rates were unchanged at 0.72% and 0.42%, respectively.

Key Points: 
  • Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.
  • They are constructed to track the default experience of consumer balances in four key loan categories: auto, bankcard, first mortgage lien and second mortgage lien.
  • The Indices are calculated based on data extracted from Experian's consumer credit database.
  • Experian's base of data contributors includes leading banks and mortgage companies, and covers approximately $11 trillion in outstanding loans sourced from 11,500 lenders.

Experian and Yieldmo team up to offer creative-enhanced data products, boosting outcomes for buyers

Retrieved on: 
Tuesday, October 11, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221011005400/en/
    Experian and Yieldmo team up to offer creative-enhanced data products, boosting outcomes for buyers (Graphic: Business Wire)
    Together, Experian and Yieldmo have created a first-of-its-kind ad product that combines Experians industry leading digital identity and targeting capabilities with Yieldmos creative format technology and outcome-maximizing curation.
  • Layered with Experians identity and targeting data, Yieldmos decisioning is made smarter, and buyers can be confident that they are reaching the right people.
  • There are major changes happening in the data landscape right now, said Jeremy Hlavacek, Chief Commercial Officer of Experian Marketing Services.
  • Experians industry leading identity, data and targeting capabilities means buyers reach the right people by offering precise identity resolution and accurate behavioral preferences.

Experian Fraud Score Aims to Boost Fraud Prevention in the UK

Retrieved on: 
Wednesday, September 28, 2022

Experian has announced the launch of Experian Fraud Score, a next generation fraud prevention solution which will help businesses of all shapes and sizes to detect fraud at the point of application, transaction and throughout the customer lifecycle.

Key Points: 
  • Experian has announced the launch of Experian Fraud Score, a next generation fraud prevention solution which will help businesses of all shapes and sizes to detect fraud at the point of application, transaction and throughout the customer lifecycle.
  • The service is independent of any data consortium membership, allowing organisations to have access to an advanced fraud prevention score out-of-the-box.
  • Eduardo Castro, Managing Director, Identity and Fraud, Experian UK&I, said: Machine Learning is the foundation on which new fraud prevention systems are being built and thanks to Experian Fraud Score, new and emerging businesses as well as established ones can leverage the benefits.
  • Delivered via the award-winning CrossCore platform, Experian Fraud Score will empower new and smaller businesses to establish their fraud prevention systems simply and help them meet any compliance requirements too.

THE SINGLETON FOUNDATION FOR FINANCIAL LITERACY & ENTREPRENEURSHIP LAUNCHES HEARTBROKE ON ITS MILLION STORIES MEDIA PLATFORM, SPONSORED BY EXPERIAN

Retrieved on: 
Tuesday, September 27, 2022

We are so excited to work with the Singleton Foundation and be part of helping couples in their financial health journey.

Key Points: 
  • We are so excited to work with the Singleton Foundation and be part of helping couples in their financial health journey.
  • "Our goal has always been to engage and raise the financial literacy skills of our viewers with entertainment.
  • The mission of The Singleton Foundation for Financial Literacy & Entrepreneurship is to inspire entrepreneurship and to make financial competence fun, engaging and accessible to all.
  • Our goal is to help give everyone the financial skills they need to better manage their lives and their businesses.

Equifax, Experian and TransUnion Extend Free Weekly Credit Reports in the U.S. Through 2023

Retrieved on: 
Friday, September 23, 2022

The three nationwide credit reporting agencies Equifax (NYSE:EFX), Experian (LON:EXPN) and TransUnion (NYSE:TRU) are taking joint action to continue offering free weekly credit reports to consumers in the United States through the end of 2023.

Key Points: 
  • The three nationwide credit reporting agencies Equifax (NYSE:EFX), Experian (LON:EXPN) and TransUnion (NYSE:TRU) are taking joint action to continue offering free weekly credit reports to consumers in the United States through the end of 2023.
  • View the full release here: https://www.businesswire.com/news/home/20220923005030/en/
    The companies' CEOs provided a joint statement on the decision to extend free weekly credit reports through 2023.
  • Consumer credit reports are a factual record of credit activity and payment history used by lenders, creditors, service providers and other businesses to extend financial opportunities and other offers to people.
  • Consumers can access their free weekly credit reports from each of the three credit reporting agencies at www.annualcreditreport.com .

Equifax, Experian and TransUnion Extend Free Weekly Credit Reports in the U.S. Through 2023

Retrieved on: 
Friday, September 23, 2022

ATLANTA and COSTA MESA, Calif. and CHICAGO, Sept. 23, 2022 /PRNewswire/ -- The three nationwide credit reporting agencies – Equifax® (NYSE:EFX), Experian (LON:EXPN) and TransUnion (NYSE:TRU) – are taking joint action to continue offering free weekly credit reports to consumers in the United States through the end of 2023. This benefit will help consumers manage their financial health during a period of rising inflation and unprecedented economic uncertainty coming out of the COVID-19 pandemic.

Key Points: 
  • The companies' CEOs provided a joint statement on the decision to extend free weekly credit reports through 2023.
  • Credit reports play an important role in financial health, and providing weekly reports for consumers at no charge is another way that we can support financial education and stability for people across the U.S. at this critical time."
  • Consumer credit reports are a factual record of credit activity and payment history used by lenders, creditors, service providers and other businesses to extend financial opportunities and other offers to people.
  • Consumers can access their free weekly credit reports from each of the three credit reporting agencies at www.annualcreditreport.com .