Pattern Detection and Data Anaytics Play a Vital Role in Fraud Management

Most organizations are no stranger to the concept of data analytics and behavioral patterns to detect fraud. After all, those sorts have analytics have been applied to internal data and transaction monitoring systems for years. However, the ability to spot fraud patterns is often limited only to what can be detected within the organizations’ walls. Fraud experts agree [Read More…]

Tips to Detect and Deter Fraud during Customer Acquisition

ATLANTA, March 29, 2016 /PRNewswire/ — Equifax Inc. (NYSE: EFX) has issued several resources to help organizations combat the elusive and increasingly expensive problem of fraud during customer acquisition. The resources describe current fraud scenarios, the background and methods most commonly used to commit this type of fraud, and outline best practices to detect and deter [Read More…]

Are Affluent Millennials Worth the Marketing Dollars Right Now?

Lena Bourgeois, VP of the consumer markets group, IXI Services, a division of Equifax Early last year, Millennials became the largest generation in the U.S. labor force. As this generation starts to reach maturity, it has prompted many brands to turn their focus toward building brand loyalty and forging lifelong relationships with Millennial consumers, even [Read More…]

Working with the C-Suite to Mitigate Fraud

Equifax Fraud product manager, Rich Huffman, was recently published in Corporate Compliance Insights discussing how Boards of Directors can stay on top of trends in the fraud landscape and ensure C-level executives implement effective measures to detect and mitigate fraud. Huffman recommends that Boards also should encourage the executive team to set realistic goals. Companies shouldn’t aim to stop [Read More…]

We hope to see you at the NADA Convention!

Equifax is headed to the 2016 NADA convention and we hope to see you there!  At this year’s conference, we’ll be showcasing our latest insights for the automotive industry, including our Income and Employment Verification. Leveraging instant verifications from Equifax, dealers can: Improve the customer experience Reduce reliance on applicant-provided paystubs Speed up the delivery [Read More…]

3 Tips for Targeting Serious Auto Shoppers

There’s a sweet spot in time when people become serious about shopping for a new vehicle. The trick for automotive marketers is figuring out who these people are and quickly connecting with them. If you can do it, you can fast-track more qualified leads—both online and offline—for a more effective sales process with increased conversions. [Read More…]

How Implementing A Champion / Challenger Trial Now Can Help Save Marketers in the Long Run

A Key to Agile Marketing is Refreshing Your Tool Box Lena Bourgeois, VP of the consumer markets group, IXI Services, a division of Equifax If you’re in the marketing industry, you may feel that marketers today are better equipped than ever, with more tools at their disposal than ever imagined. But marketers are only as [Read More…]

Transparency boosts outcomes for customers, dealers and lenders

For many consumers, sharing their personal financial details with an auto dealer can be a sensitive topic. Today, dealerships are working harder than ever to transform negative car-buying stereotypes by infusing increased transparency throughout the sales process. From dispelling customer misconceptions around auto financing to optimizing common credit resources and improving lender communications earlier in [Read More…]