Experian has announced an international partnership with iovation, the Device Reputation Authority, to further enhance Experian’s global fraud prevention capabilities. iovation’s advanced device recognition software, dynamic referencing and device reputation checks will increase the reach and effectiveness of Experian’s identity verification and fraud prevention services.
iovation brings together the world’s largest repository of mobile and online devices. It identifies one billion mobile devices globally and currently conducts nine billion device reputation checks a year. It enables clients to assess the likelihood of transactions being fraudulent based on the device from which an application is made. Its sophisticated real-time risk assessment analytics stops some 150,000 potential online fraud attempts each day.
Results from searches against iovation’s device library can now be used in conjunction with Experian’s fraud and identity capabilities including its ID verification tool, Prove-ID, card fraud prevention engine, Risk-ID, and account opening fraud prevention service Hunter.
Source: Experian Press Release