Mitigate fraud losses and accelerate growth with confidence

 

Precise ID® combats a wide range of fraud threats at account opening to help organizations automatically approve more applicants, minimize fraud losses and meet compliance requirements.

  • Drive growth through optimal fraud risk detection and low-friction customer experiences.

  • Minimize fraud losses with highly accurate analytics that prevent third-party, first-party and synthetic identity fraud.

  • Verify more consumers automatically and meet compliance requirements with holistic identity verification capabilities.

Powering confident decisions at scale

9

of the top 10 U.S. banks use Precise ID services

3B

transactions processed annually through Precise ID services

$19B

estimated global fraud losses were avoided in 2025 thanks to Experian’s fraud prevention solutions

What problems does Precise ID solve?

Precise ID combines identity verification policies, fraud analytics and step-up verification to mitigate all types of fraud risk at account opening while providing a low-friction experience for legitimate consumers.

Compliance

Automatically verify more identities and meet Customer Identification Program and Know Your Customer requirements.

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Identity verification and eligibility

Verify that an identity represents a real, unique individual who has provided true and accurate information to manage costs, regulatory requirements and liability.

Third-party fraud

Better detect identity theft through a suite of identity verification capabilities to reduce false positives, increase automation and minimize fraud losses.

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First-party fraud

Catch first-payment default, bust-out and synthetic identity fraud early to reduce charge-offs and confidently approve more applicants. Adverse actionable scores are available to provide efficient first-party fraud treatment.

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Key benefits

Improve consumer coverage

Highly accurate identity element matching to the consumer’s credit inquiry information using Experian’s diverse data sources.
Verification animation

Real-time transactional data uncovers how different identity elements have been linked together and how often they’ve been used.
Better detect compromised identities

Award-winning fraud scores improve detection and mitigation of first-payment default, bust-out fraud, identity theft and synthetic identity fraud.
Prevent multiple fraud threats

Gain an additional layer of protection with enhanced step-up verification using one-time passcode and knowledge-based authentication.
Strengthen identity verification

Configurable decision strategies and real-time decisions quickly and effectively determine if the consumer fulfills identity verification requirements, meets fraud risk thresholds or requires additional scrutiny.
Reduce fraud losses
Verification animation Better detect compromised identities Prevent multiple fraud threats Strengthen identity verification Reduce fraud losses

Mitigate fraud and drive growth

Learn more about how Precise ID can help your organization increase approvals and provide a low-friction experience while stopping fraudsters in their tracks.

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Why choose Experian?

people-talking-in-front-off-data-on-monitors

Data powerhouse

With tradeline data on more than 250 million U.S. consumers, we can provide unparalleled insights, including cross-lender activity, trended behaviors and more.

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Fraud fighter

Providing a holistic approach to fighting all fraud threats at account opening with award-winning analytics and decades of industry expertise.

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Growth accelerator

Improve decisions to identify more consumers faster, increase fraud risk detection and enable low-friction experiences for legitimate consumers.

Precise ID verified nearly 1 billion identities, assisting individuals in their journey to access healthcare information, verify employment status, and access personal financial applications and websites. The product is used by more than 2,000 organizations spanning many industries in addition to healthcare such as government, financial services, retail and insurance.

Tom Cox, Group President, Experian Automotive and Health

Frequently Asked Questions

Precise ID helps organizations stay compliant with regulatory guidelines, verify consumer identities, detect and prevent identity theft, and stop first-payment default, bust-out and synthetic identity fraud. This powerful solution combines data, analytics and configurable decision strategies through one API to help businesses provide better, faster decisions and protect against fraud threats at account opening.

Our proprietary identity element matching uses exclusive cross-lender credit bureau inquiry and demographic data to match the data elements to the credit inquiry personal identifiable information (PII), including name, address, date of birth, Social Security number and phone number. In addition, our vast identity graph includes real-time transactional data that shows how different PII elements have been linked together in the past and how often they’ve been used, which provides a more holistic view of the identity to determine if it has been compromised.

Precise ID is available through our industry-leading Experian Ascend Platform™, as well as through multiple third-party integrators. For more information about integration options, please contact your Experian sales representative or fill out the form below.

Ready to strengthen your fraud defenses?

To learn more about our solutions, please fill out the form below.

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