Identity & Fraud
Experian
Experian's Precise ID combines a wide range of fraud-fighting and identity authentication tools that utilize industry-leading data sources to provide an accurate picture of each applicant. It also provides analytics that produce actionable fraud scores for application fraud, identity screening and first payment default (FPD). Fraud scores quickly and accurately assess the level of fraud risk through underlying validation and verification score elements to ensure a consumer’s identity. A single inquiry accesses cross-industry shared application data, credit records, demographic and publicly available data.API Reference >
Experian's Precise ID is available with Multi-Factor Authentication which provides an additional method to authenticate customers using a one-time passcode sent to a customer's mobile or landline phone via SMS or Voice.API Reference >
Experian's Precise ID is available with Knowledge IQ, a knowledge-based authentication (KBA) feature designed to authenticate the identity of a consumer through a question-response session. This feature provides multiple- choice questions where only a true consumer knows the correct answers. It streamlines the customer experience by using progressive questions for faster authentication without interrupting the current application process. Through application settings, clients may configure the system to automatically generate questions based on the Precise ID score or allow examination of data returned (i.e., scores, results codes) before deciding if question generation is necessary.API Reference >
Experian's Reverse Phone Append allows you to validate phone data and return different types of client information linked to a phone number, such as: name, postal address, phone type and status, and location. It enables a single customer view through automation and custom workflows, without the data architecture. It enables organizations to efficiently identify their consumers — who they are and how to reach them — and results in streamlined processes to nurture and grow a customer base.API Reference >
TransUnion
TransUnion's ID Search is a specialized search based on input name and Social Security number. Input address information is optional. ID Search delivers name and address for up to eight subjects. Additionally, ID Search selects the subject that best matches the input data. ID Search also returns ID Mismatch Alert, TruValidate Fraud Alerts, and Phone Append (if the subscriber is authorized for these services). ID Search can return an FFR or a print imageAPI Reference >
Description
TransUnion's TruValidate Identity Verification is a compliance and fraud detection solution that assess the risk associated with end user personal information. It checks input consumer data against multiple databases, analyzes the results, and alerts the subscriber to any data discrepancies as well as suspicious or known fraudulent data. This information may be provided as part of an application process and identity verification confirms the integrity and validity of that information. TruValidate provides support for a variety of services. These services include:- Identity Verification
- Digital Verification
- Knowledge-Based Verification
- One time passcode Authentication
Samples
Part of TransUnion's TruValidate services suite, one-time passcodes work by ensuring a unique code sent to an end user’s phone can be provided by the end user. By validating the code was received by the end user, you can use the phone as a possession factor for authentication. Using One-time passcodes requires two main steps:
- Requesting a code get sent to the end user’s phone
- Validating the end user’s entered code to the value sent
Based on the results of each of these two steps you can either allow or deny access to an end user.
This endpoint is the first step in the One-Time Passcode workflow.
API Reference >Part of TransUnion's TruValidate services suite, one-time passcodes work by ensuring a unique code sent to an end user’s phone can be provided by the end user. By validating the code was received by the end user, you can use the phone as a possession factor for authentication. Using One-time passcodes requires two main steps:
- Requesting a code get sent to the end user’s phone
- Validating the end user’s entered code to the value sent
Based on the results of each of these two steps you can either allow or deny access to an end user.
This endpoint is the second step in the One-Time Passcode workflow.
API Reference >Using the Knowledge-Based Verification service in TransUnion's TruValidate solution consists first of an exam generation request, followed by an answer verification step. Depending on the information provided in the original request, an end user may or may not be eligible for an exam. If the end user is eligible, they will need to fill in the exam and have it verified to assess their identity.
Using Knowledge-Based Verification requires two main steps:
- Requesting an exam
- Validating the end user’s responses to the exam
Based on the results of each of these two steps you can either allow or deny access to an end user.
API Reference >