Detect transaction risks specific to your industry by pulling from a global network of confirmed fraud.
Address the challenges of origination fraud, synthetic identities and loan stacking before margins are impacted.
Leverage the exchange by sharing application velocities and known fraud — benefiting all businesses.
Exchange members can share select transaction data from the application stage and identity verification outcomes. Indications of irregular application velocities and reported fraudulent behaviors are then carefully monitored to alert members when they’re being exposed to risk.Get IDVision with iovation
Be alerted to fraudsters attempting to quickly acquire multiple loans and credit in order to avoid detection.
To ensure data remains private, there’s no sharing of consumer PII within the exchange.
Reported fraud and potentially fraudulent transaction velocities are closely monitored and, when necessary, rapidly flagged.
The first alert occurs when an application is initiated, and again once the application is completed.