Equifax Launches Credit Abuse Risk to Combat First-Party Fraud

Equifax Launches Credit Abuse Risk to Combat First-Party Fraud

Equifax, a global data, analytics, and technology company, has introduced a new solution called Credit Abuse Risk to help lenders combat first-party fraud. This innovative offering leverages machine learning to identify common fraud tactics such as credit washing and loan stacking. The announcement follows the recent launch of Equifax’s Synthetic Identity Risk tool, which helps detect fraudulent… Source

Equifax Unveils Credit Abuse Risk to Combat First-Party Fraud

Data, analytics, and technology company Equifax unveiled Credit Abuse Risk, a new solution to help lenders fight first-party fraud. The new offering leverages machine learning to identify common first-party fraud tactics such as credit washing and loan stacking. News of Equifax’s Credit Abuse Risk predictive model comes on the heels of the launch of the company’s Synthetic Identity Risk tool. The solution empowers institutions to identify when f…