May 10, 2017 -
Daon has partnered with Experian to offer its IdentityX authentication platform with CrossCore, Experian’s fraud and identity solution.
IdentityX combats fraud and help protect consumers, while CrossCore manages risk by allowing partners to integrate with the platform to offer value-added services alongside existing Experian fraud and identity solutions.
Through its integration with IdentityX, Experian provides CrossCore users with access to multi-factor authentication using biometrics.
Using Daon’s IdentityX authentication platform, companies are able to add biometrics for application access and transaction scenarios where step-up authentication is needed to prevent fraud.
Biometric authentication ultimately decreases fraud, improves the customer experience and cuts down the amount of time required to prove an identity.
“With CrossCore we wanted to give our clients the flexibility they need to balance customer protection with customer experience,” said Kathleen Peters, global vice president of product management, fraud and identity at Experian. “Partners are key to our plug and play capabilities – giving clients more choices to connect necessary solutions all in one place. Daon’s biometric authentication will help clients reduce fraud, while reducing customer friction.”
IdentityX has already successfully enrolled millions of users across the globe, which provides them with the convenience and freedom to choose the authentication factor or factors that meet the exact needs of their situation.
Daon customers have the flexibility to integrate existing security systems into an overall security scheme as well as add new technologies as they become available.
“Experian has always believed that data has the potential to transform lives and create a better tomorrow,” said Daon CEO Tom Grissen. “That requires data to be understood and interpreted. It also requires a friction-free way to access that data. That’s why Daon is proud to partner with an innovator like Experian to help make its CrossCore platform even more powerful and accessible.”
Earlier this year, Union Bank of the Philippines’ digital banking platform EON selected Daon’s IdentityX platform to improve security and the customer experience.