Experian Limited, an information services company, provides data and analytical tools to clients in the United Kingdom and internationally. It offers business services in areas, such as debt collection and payment processing, which include debt collection data, debt collection insights, debt collection segmentation strategies, debt collection management, debt collection consulting, payment authentication, and payment delivery; credit fraud, including application fraud, claims, identity fraud protection, open account fraud, and vehicle history; credit risk and data management, such as credit application processing, underwriting, portfolio management, customer information, prospect targeting, ...
NG2 Business Park
Nottingham, NG80 1ZZ
Founded in 1960
Experian Enhances Hunter Fraud Prevention System
Feb 21 13
Experian Ltd. announced it has further enhanced Hunter, its data-sharing fraud prevention software, improving its performance and efficiency for anti-fraud operations. The upgrade goes live in the UK this week and allows banks, insurance companies, and other financial services and credit granting organizations to manage and investigate organised fraud more effectively. Providers are now able to group several applications into a single 'case', allowing investigation of all 'linked' applications and identify whether they are linked to earlier fraudulent events. This has also improved Hunter's capacity to prioritise potentially dishonest claims based on the risk and outcome of any previous related applications. Those that pose a significantly higher threat are highlighted by Hunter, providing organizations with increased fraud prevention and more resourceful prioritisation of referrals. Where users identify a possible fraudulent application, they will now be able to capture more detailed information, including the type of fraud identified and the potential loss if the request were to be accepted and proved fraudulent. These new reporting capabilities will allow fraud teams to analyse trends and more easily identify opportunities for business efficiency.