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Challenge: Accurately identify and address identity fraud and fraud rings throughout the customer lifecycle to automate mitigation of fraud exposure and loss.
Solution: FICO® Identity Resolution Engine
Results: By applying Network Analytics through FICO® Identity Resolution Engine, a regional bank in North America identified over $15 million in potential fraud savings. The technology empowers banks to keep their books clean by operatonalizing the insights to automate credit risk and fraud decisions across the customer lifecycle.
With FICO Identity Resolution Engine, the bank:
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