Boosting Application Fraud Detection FICO Identity Resolution Engine
While many fraud models are designed to identify fraud risk with a focus on credit and financial information submitted on applications, most only use a rules-based approach that doesn’t employ identity and relationship risk analysis. FICO® Identity Resolution Engine helps prevent any institution on-boarding new applicants from synthetic and stolen identification fraud at the point of originations, without impeding the speed of application processing and approval to legitimate applicants.
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