Experian Ranked 7th on 2024 IDC FinTech Rankings Top 100; Wins IDC Real Results Award in Bank Deposit Transformation
The Real Results Awards recognize IT providers that have enabled a genuine, measurable and future-enabling change at a client financial institution (bank, capital markets firm, or insurer) in the worldwide financial services industry. The Bank Deposit Transformation award was based on customer data and their use of the Experian Ascend Fraud Sandbox.
“Placing first for Bank Deposit Transformation demonstrates how this new Experian fraud solution enables our customers to use state-of-the-art fraud-prevention and identity-protection technology to dramatically improve approval rates for online deposit accounts, directly impacting their bottom line while simultaneously lowering fraud losses,” said
Ascend Fraud Sandbox provides an analytical environment that enables users to explore data to discover new fraud patterns and build, test and deploy new models in days rather than months. It pairs an organization’s own data with unique cross-industry identity and fraud data assets. It employs more than 10 billion identity and fraud events that include applications, login activity, and transactions, along with fraud tags, adding tens of millions of new events daily.
“In the 2024 IDC FinTech Rankings program, Experian is ranked as the 7th largest global provider of technology solutions to the financial services industry and won its first IDC Real Results Winner Award for Bank Deposit Transformation,” says
In its 21st year, the IDC FinTech Rankings categorize and evaluate technology providers strictly based on previous calendar year revenues from financial institutions (banking, insurance, and/or capital markets) or directly to fintech solution providers for hardware, software, and/or services To view the complete rankings, visit www.idc.com/prodserv/insights/financial/fintech-rankings.
About Experian
Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software. We also assist millions of people to realize their financial goals and help them to save time and money.
We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments.
We invest in talented people and new advanced technologies to unlock the power of data and innovate. As a
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Source: Experian