ID Analytics Launches Updated ID Score
April 3, 2014
ID Analytics, a San Diego-based antifraud technology provider, this week unveiled the newest version of its flagship fraud detection solution. The company said new partnerships with iovation and ThreatMetrix enable merchants and other organizations to more accurately identify associations between events, accounts and devices. ID Analytics’ ID Score leverages a network of cross-industry consumer data to make assessments about the likelihood that a transaction is fraudulent. The company noted that one new feature is technology that can reduce false positives associated with Social Security number randomization.
“With fraud tactics constantly evolving and fraudsters moving faster than ever, companies need to stay ahead of risk to protect their businesses,” said Garient Evans, director of Identity Risk Solutions at ID Analytics. “ID Score 9.0 addresses pressing fraud-related concerns facing businesses today, giving them peace of mind that they’re getting an accurate read on each and every customer while helping them to reduce expenses and improve customer satisfaction.”