FICO® Fraud Score

Catch More Fraud

 The solution is available through credit bureaus for lenders to cost-effectively and seamlessly access fraud detection support as part of their normal bureau origination inquiry.

Overview

FICO® Fraud Score

FICO® Fraud Score helps lenders worldwide increase detection of first- and third-party application fraud, as well as support case management with deeper insight into potential perpetrations and by helping analysts prioritize accounts.

Core Benefits

Limit Losses

Catch More Fraud

Improve Capital Reserves

Limit Losses

Enables risk managers to quickly boost profitability by detecting fraud before credit is approved.  Enables lenders to maintain good customer service with fast analysis and fewer false positives.

Catch More Fraud

Refine detection and find more fraud in applications over other solutions due to the power of FICO’s analytic detection models, broad-based data availability and sophisticated rules management.

Improve Capital Reserves

Keep losses off the books to lower capital reserve requirements. Begin detecting fraud in application underwriting immediately when accessed through a bureau, with no systems requirements and little-to-no set-up costs.

Key Features

Access Various Data Sources: It gives lenders the option to access various data sources—consortium data at bureaus, additional external data or more granular in-house data—and can return results in batch mode or in real-time as part of the application accept/decline/review process.

Maximize Analyst Resources: Analysts focus where the risk is greatest with the solution's integrated business rules management and configurable case management. Improve the efficiency of analysts’ and case managers’ work with scores, reason codes and rules that help prioritize cases by level of risk.

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