The Global data services company, Experian, headquarter in Dublin, Ireland, has launched its ‘Hunter Fraud Score’ in India, which is a new scoring mechanism. The mechanism will help to measure the probability of fraud in a credit application across banking and insurance industries. It will help the country to increase their efficiency in fraud detection.
Hunter prevents application fraud by matching credit application data against multiple data sources including the shared fraud data. It comprises several rules that work towards identifying inconsistencies in credit applications. With this mechanism, the business community will be able to identify applications that should be screened for potential fraud and prioritize those that have a high probability of being fraudulent.
So let’s discuss some question related to this post :
1. Name the company which has launched the fraud detection mechanism ?
2. Where is the headquarter of Experian, a Global information services company ?
Courtesy : The Hindu