FICO^® Identity Resolution Engine

Uncover up to 50% more fraud with powerful analytics

With advanced proactive graph analytics technology, FICO® Identity Resolution Engine identifies suspicious individuals at point of origination, as well as pinpoints active fraud rings on your portfolio before they rupture. When used in conjunction with FICO models, Identity Resolution Engine can uncover and stop up to 50% more fraud than rules-based systems.

Reduce manual work to increase investigator efficiency

With Identity Resolution Engine’s intuitive visual link analytics tool, investigators quickly discover and visualize relationships of persons of interest. A client recently shared that a fraud ring that had taken over 10 days to manually piece together before they had IRE took only 10 minutes to investigate when IRE was installed. Additionally, a significant number of accounts not found during their manual process were also discovered during the IRE review allowing the client to mitigate significant potential loss.

Monitor your portfolio across the customer lifecycle

Billions of dollars of fraud perpetrated by first party fraudsters, synthetic identities, and bust-out fraud rings is misclassified as bad debt in credit risk losses. FICO Identity Resolution’s flexible deployment can be operationalized across the customer lifecycle to maximize automation and mitigate loss including:

• New account fraud / application fraud.
• Ongoing customer monitoring:
  • Segment credit risk policies based on evolving fraud risk.
  • Exit fraud rings from the books before they bust-out.
• Prioritize collections to intelligently reduce resource waste and recover legitimate debt.

Under the hood of IRE is a set sophisticated matching and entity resolution engine capable of accessing and organizing disparate internal and external data to formulate human centric objects and relationships.

On top of the resolved entity stores, IRE provides three integrated business applications.

• Investigations and Screening – Provides the means for analysts to conduct fuzzy searches into data and perform sophisticated link analysis.
• Predictive Graph Analytics – Empowers organizations to proactively identify and prioritize organized fraud and criminal activities using relationship-driven predictive analytics.
• Single View of a Customer - Accelerates operational insights by constructing complete 360 degree views of a customer, organization, location, product, and event at any volume.

‌ Adaptive Data Ingestion: Patented and proven entity mapping and profiling software enable analysis on valuable data in almost any format.

‌ Superior Entity Resolution: IRE uses proprietary analytic algorithms to automatically deliver matching and relationship intelligence with a high degree of precision and throughput.

‌ Federated Data Search: Examine multiple internal and external data sources, piecing together relevant bits into the bigger picture while complying with privacy regulations and requirements.

‌ Cognitive graph based intelligence: IRE leverages a combination of entity based, relationship based, network analytics to continuously adapt to the changing patterns of fraudsters.

‌ User Driven Analytics: IRE provides sophisticated query tools, a full featured visual link chart, and integrated visual analytics.

‌ Cloud enabled: IRE has the flexibility be installed on-premises or in the Cloud.