Experian has been recognised as a leader in KuppingerCole’s annual Fraud Reduction Intelligence Platform Leadership Compass. The 2023 report names Experian as an Overall Leader, Innovation Leader, Product Leader, and Market Leader.

 

KuppingCole provides analysis of global IT vendors and specialises in identity and access management, governance, fraud, risk and cybersecurity. They conduct extensive research and examine specific market segments to provide recommendations for the most innovative and functional solutions available.

The Fraud Reduction Intelligence Platform is an annual study that forms part of their Leadership Compass material. These advisory reports are their most prominent research – they identify and compare the leading vendors of fraud prevention solutions and provide many organisations with an essential tool to support their decision-making process.

CrossCore recognised as a leading identity and fraud solution

In the latest report, Experian’s CrossCore has been recognised as a leading fraud prevention solution in four different categories.

These are:

  • Overall Leaders – those vendors that are above average in all areas with the highest possible combined rating
  • Product Leaders – indicates mature vendors that supply cutting-edge products
  • Innovation Leaders – vendors that are driving innovation in their market with the most innovative and upcoming features
  • Market Leaders – vendors that have a large global customer base with a strong partner network

John Tolbert, lead analyst and Director of Cybersecurity at KuppingerCole, said, “Experian’s solutions feature identity verification, device intelligence, user behavioural analysis, behavioural biometrics, and bot detection. Experian has extensive support for Anti-Money Laundering, Know-Your-Customer, Office of Foreign Assets Control, Politically Exposed Person, and sanctions screening for compliance across many jurisdictions. Experian also has a wide-ranging partner network that can bring in additional identity and transactional data for evaluation. Their solutions are globally distributed and highly scalable.”

This accolade serves to emphasise Experian’s ongoing commitment to provide the most comprehensive and high-quality fraud solutions across the globe.

Why CrossCore is a global leader

With CrossCore you can connect, access and orchestrate multiple fraud-related services within a single solution. It has a modern and simple user interface and combines digital identity verification and fraud risk detection in a powerful cloud-based platform.

CrossCore capabilities

CrossCore is available worldwide and is configured for each region using the appropriate data and services. It uses advanced analytics, such as Machine Learning, and a wide range of data sources – from device intelligence and alternative identity data – to make real-time fraud and identity decisions all through the customer lifecycle. In addition to these services, it helps organisations to maintain compliance with regulatory requirements.

What makes CrossCore a best-in-class solution is that it seamlessly connects multiple services across Experian, their external partner network and clients’ internal data. This allows CrossCore customers to reduce their integration costs and complexity with common access through a flexible API. It makes it simple to test and trial new services and reduces the time to market for enhanced strategies.

As fraud becomes increasingly sophisticated, with global fraud rates on the rise, businesses are looking for innovative ways to combat this evolving threat. According to Experian’s worldwide survey of nearly 2,000 business leaders, investments towards fraud detection and prevention is a top priority for 94% of respondents. The KuppingerCole Leadership Compass report validates CrossCore as an industry-leading fraud platform that can provide businesses with a formidable solution to meet the fraud challenge head-on.

For an in-depth understanding of the criteria and process that KuppingCole uses to classify fraud solution providers, we invite you to download and read the report.

Download the KuppingCole Fraud Reduction Intelligence Platforms Report

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