Experian Launches Alert Service to Cut ID Theft

Posted by Joachim Bartels | May 31, 2013 | Experian, Identity Theft Protection, United States | 0 |

Experian launched Precise ID Personal Protection Alerts, a service designed to help people know which businesses are checking out their personal information to authenticate transactions. The alerts are aimed at reducing the risk of identity fraud.

The service sends notifications to consumers whenever their identity has been verified across the Experian identity services product line. Consumers can respond to the notifications and are directed to reconciliation services in cases of potential fraud, said the company.

Alerts can be sent via SMS, mobile app, email or web applications. The content of the alerts will include: inquiry information, transaction details and client provider fraud contact information.

The new service is available to Experian’s direct-to-consumer companies.

Source: Bank Technology News

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.