Veriff Introduces RiskScore: Calculating Fraud Risk in IDV Sessions

Veriff Introduces RiskScore: Calculating Fraud Risk in IDV Sessions

Veriff, a global leader in identity verification, recently unveiled RiskScore, a groundbreaking solution that revolutionizes fraud detection during identity verification (IDV) sessions. RiskScore empowers businesses to accurately assess fraud risk in real-time, enabling them to make informed decisions and enhance the security of their digital onboarding processes.

RiskScore harnesses the power of artificial intelligence (AI) and machine learning (ML) to analyze over 1,000 data points, providing a comprehensive risk assessment for each IDV session. By leveraging behavioral biometrics, device fingerprinting, and document analysis, RiskScore detects anomalies and identifies suspicious patterns, allowing businesses to make quick and confident decisions about user authenticity.

In today's digital landscape, where fraudsters are becoming increasingly sophisticated, RiskScore offers a critical layer of protection. By integrating RiskScore into their IDV processes, businesses can reduce fraud losses, enhance compliance, and improve the customer experience. RiskScore's intuitive dashboard provides clear and actionable insights, enabling businesses to monitor fraud trends, identify areas of concern, and make data-driven decisions to mitigate risks.

For businesses looking to optimize their loan management, origination, or servicing software or systems, Veriff's RiskScore is an indispensable tool. By effectively identifying and mitigating fraud risks, RiskScore helps businesses protect their bottom line, streamline operations, and provide a secure and seamless experience for their customers.

To learn more about how Veriff's RiskScore can empower your business with advanced fraud detection capabilities, schedule a demo today by calling toll-free at (877) 227-7271 or visit Fundingo.com.

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