TransUnion and Acxiom Corp. are jointly offering the Fraud Management Platform (FMP). The system allows marketers to tap into the two firms’ databases in order to verify a consumer’s identity at any point of sale, such as call centers or Web sites, and is instrumental in facilitating credit applications, among other uses. The new system provides marketers with a tool to use against fraud prevention,
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TransUnion and Acxiom Corp. are jointly offering the Fraud Management Platform (FMP). The system allows marketers to tap into the two firms’ databases in order to verify a consumer’s identity at any point of sale, such as call centers or Web sites, and is instrumental in facilitating credit applications, among other uses.
The new system provides marketers with a tool to use against fraud prevention, loss mitigation and regulatory compliance strategies. The FMP allows marketers to process credit applications more quickly through reduced false positives, and offers stringent safeguards to prevent identity theft.
