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Just to course correct on this thread, Equifax has a synthetic ID solution that monitors transactions in real time to prevent synthetic ID fraud. It's a huge and growing problem, particularly in Auto, and it requires the ability to monitor multiple streams of data such as identity, velocity and behavior in real time. Our partners have been using it for years.It's actually pretty fascinating how it works and it's a great example of deploying real-world AI to solve a business problem.
Just to course correct on this thread, Equifax has a synthetic ID solution that monitors transactions in real time to prevent synthetic ID fraud. It's a huge and growing problem, particularly in Auto, and it requires the ability to monitor multiple streams of data such as identity, velocity and behavior in real time. Our partners have been using it for years.
It's actually pretty fascinating how it works and it's a great example of deploying real-world AI to solve a business problem.