Magazine article Mortgage Banking

Experian Provides Clarity Services with Custom Analytics for Subprime Market

Magazine article Mortgage Banking

Experian Provides Clarity Services with Custom Analytics for Subprime Market

Article excerpt

Costa Mesa, California-based Experian announced it has provided Clearwater, Florida-based Clarity Services Inc., a provider of thin-file and underbanked consumer data reporting, with custom analytics via Exper-ian's Precise ID [sm] platform to help the company further penetrate the subprime market with its new Clear Sub-prime ID Fraud [TM] solution.

Clear Subprime ID Fraud is an identity fraud product specifically designed for the subprime market. It provides powerful identity verification elements and a custom Clarity Fraud Score [TM] derived from a combination of Clarity credit reporting and Experian's authentication and fraud-detection services.

"Through our work with Clarity Services, we see a strategic opportunity to expand the reach of our proven Precise ID platform and custom analytics, in addition to leveraging our joint assets and expertise to solve today's most challenging fraud problems in the online subprime market," said Jon Jones, senior vice president of fraud and identity solutions for Experian Decision Analytics.

"Precise ID already provides leading organizations with the most complete and accurate view of a consumer's identity so they can make the right decisions at any point across the customer or account life cycle," Jones said. …

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