The rise in fake accounts is defrauding businesses and government programs of billions of dollars.
From Unemployment Insurance programs paying out over $60B to fake accounts, to JP Morgan buying a company with over 80% fake accounts, this type of preventable fraud is costing tax payers and businesses billions.
Fake accounts are preventable!
Service Objects’ validation tools detect and prevent bogus and fraudulent accounts from being created at the outset, so your business can stop the problem before it starts.
Qualitative and actionable scores for the overall account are provided to ensure only high quality, accurate accounts are created.
By validating the core elements of a customer contact record: name, address, phone, email and device, against 100’s of authoritative data sources, you gain immediate insights to the quality and accuracy of your customer data.
Read below to learn how these elements are validated.