ID Network® Attributes:
Extend the Power of the ID Network
For the first time, organizations can gain insight into the vast array of consumer identity information within the ID Network. Introducing ID Network® Attributes™, attributes that leverage the ID Network to provide an entirely new level of visibility into the way consumers use their identity elements to gain credit and services.
This visibility enables organizations to fine-tune their decision making processes by adding unique intelligence into the development of new custom models, complement existing systems, or supplement ID Analytics solutions in place. The attributes include identity information not available from other sources such as public records or credit bureaus.
Leveraging the ID Network, ID Analytics' solutions helps organizations answer these questions about their prospects and customers:
- Are you who you say you are?
- Should we engage in business with you?
- How should we manage our ongoing relationship with you?
The ID Network delivers reliable, high-resolution visibility into identity behavior across industries and over time. ID Network Attributes deliver a more granular level of identity insight with derived and anonymized variables. ID Analytics' variables are differentiated from those commonly available because they are based on data that is not publicly available. Data within the ID Network is never sold or distributed.
ID Network® Attributes for Fraud™
ID Network Attributes for Fraud provides unique identity insight to streamline manual verification processes and improve custom analytics to reduce fraud losses, increase approvals and reduce customer friction. Examples of fraud attributes include:
- Combinations of name and date of birth associated with suspected or confirmed fraud
- Number of times a Social Security number is submitted for scoring in the past three months
- Number of times a fraud is reported at an address in the past six months
ID Network® Attributes for Compliance™
ID Network Attributes for Compliance minimizes operational costs and customer friction associated with compliance. The attributes are applicable across a broad spectrum of fraud and identity related-regulations such as the Red Flag Rules, USA PATRIOT Act, and "Know Your Customer." In fact, all of the examples called out by the regulators as flags associated with personally identifiable information are included.
ID Network® Attributes for Verification™
ID Network Attributes for Verification validate identity elements individually or in combination during business activities where identity elements must be confirmed, such as age verification or for marketing efforts. ID Network Attributes for Verification can be incorporated into pre-screening strategies to verify phone numbers and addresses of prospects, and a consumer’s age can be verified in real-time as a prerequisite to accessing sensitive online content or services.
ID Network® Attributes for Collections™
ID Network Attributes for Collections provide identity insight for which accounts to work first, based on both the propensity to pay and which accounts will pay the highest amount when successfully contacted. Knowing more precisely which accounts are likely to repay helps determine at what point to take action on a customer account, and prevents expending resources and potentially disrupting customers on accounts that will cure naturally. Adding ID Network Attributes for Collections as input variables to custom collections rules, scorecards and models increases model performance and improves operational effectiveness.
For more information on ID Network Attributes, please email marketinginfo@idanalytics.com.
