Chapter 19: Identity/Fraud (EFX Digital Solutions)
IN THIS LESSON
Formerly eIDverifier
What is it?
FraudIQ Authenticate is a risk-based authentication platform that helps businesses confirm consumer identities and ensure online account applications and transactions are legitimate. The platform offers knowledge-based questions, passcodes, device recognition, and facial matching as methods to authenticate consumers without disrupting the application experience.
Choose the Best Authentication Method for Your Business
Rather than relying on just one type of authentication method, your business has the ability to waterfall the most relevant and effective method for a given transaction. Choose a passive approach with behind-the-scenes device recognition, or take a more up-front route with knowledge-based questions for riskier transactions. Reduce the cost of fraud, protect your reputation, and minimize customer friction with FraudIQ Authenticate.
Who it’s for
Chief Fraud/Compliance Officer: Minimize fraud risk, maximize compliance and competitive advantage
Line of Business/Marketing Leader: Generate revenue, ensure compliance, maximize customer experience
Head of Operations: Avoid losses, manage external perception, maintain efficiency
Chief Security Officer/IT Leader: Manage online validation and authentication protocols, protect against data breaches
