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features
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Description

Stay ahead of the ever-changing landscape of threats with cutting-edge fraud detection technology that not only enhances efficiency but also helps in cost reduction. LexisNexis FraudPoint utilizes sophisticated analytics to uncover fraudulent applications by tapping into extensive and dynamic identity and digital intelligence. The data is consistently refreshed, allowing you to stay one step ahead of fraudsters. With FraudPoint solutions, organizations can pinpoint instances of fraud before any application is finalized, effectively catching synthetic identities and various other fraudulent activities, which leads to a notable decrease in fraud incidents and financial losses. By streamlining the investigative process, FraudPoint significantly cuts down on administrative expenses related to ineffective inquiries, thereby positively impacting your financial performance. Moreover, this analytic suite provides access to some of the most credible fraud prevention data and insights, including vital digital analytics, enhancing the capacity to detect a wide range of fraudulent behaviors. The comprehensive nature of FraudPoint ensures that organizations are not only equipped to handle current threats but are also prepared for future challenges in fraud detection.

Description

Fraud Detection Modern fraud prevention systems rely on documenting issues and establishing expert-defined rules to combat them; however, due to the vastness and ever-changing nature of fraud, this approach is often inadequate. POINTER introduces a forward-thinking strategy that swiftly identifies fraudulent activities by recognizing transactions that deviate from a user’s usual behavior. Utilizing a proprietary mathematical model along with advanced data mining methodologies, POINTER generates a dynamic Personal Symbolic Vector. Additionally, the incorporation of auto-learning techniques allows the system to adapt to realistic behavioral changes over time. This adaptability guarantees that user profiles remain current and that the most recent expert rules are applied for fraud detection. Furthermore, POINTER significantly reduces the number of false alerts, thereby minimizing the research time required by staff while simultaneously enhancing customer service. Institutions can also customize these parameters to achieve the most effective balance for their specific needs. Ultimately, this innovative approach revolutionizes the way organizations manage and mitigate fraud.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

XML

Integrations

XML

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

LexisNexis

Founded

1970

Country

United States

Website

risk.lexisnexis.com/products/fraudpoint

Vendor Details

Company Name

PotentiaN

Founded

2007

Country

United States

Website

www.potentian.com

Product Features

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

Product Features

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

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