DataVisor Selects Equifax as Primary Consumer Identity Data Partner

DataVisor, a company that delivers the most sophisticated Artificial Intelligence (AI) powered fraud management solutions, announced a partnership with Equifax, making the global data, analytics and technology company its primary consumer identity data partner. DataVisor will enhance and extend its market-leading behavior analytics and fraud detection solution by combining rich consumer identity data from Equifax with powerful AI signals, for zero-lag detection and a frictionless customer experience. "Fraud losses are expected to grow to more than $600 billion by 2023. For businesses to protect both themselves and their customers from the well-orchestrated tactics of fraudsters, a layered approach to fraud detection is critical" DataVisor will integrate Digital Identity Trust, Secure Multi Factor Authentication (MFA) and Account Verification solutions from Equifax into its next-generation fraud detection platform, enhancing its fraud models for improved detection accuracy and enabling data enrichment features for end-clients globally. When layered together, these Equifax solutions can provide a 90% reduction in fraud risk and a 30% reduction in operational overhead, according to analysis conducted by Equifax.