Experian and Mastercard Integrate Identity Verification and Fraud Prevention Technology

Experian today announced the integration of Mastercard's identity verification and fraud prevention technology into the Experian Ascend Platform, enabling seamless and secure identity verification for over 1,800 global clients across various industries. This collaboration aims to prevent fraud and cybercrime, as 96% of decision-makers view identity verification as a crucial tool in preventing fraud. However, 27% of businesses report that their current identity verification strategy negatively impacts legitimate customers and their experience.

Key Takeaways:

• The integration of Mastercard's identity verification and fraud prevention technology into the Experian Ascend Platform enables seamless and secure identity verification for over 1,800 global clients.
• The partnership aims to prevent fraud and cybercrime, with 96% of decision-makers viewing identity verification as an important tool in preventing fraud.
• The integration offers robust protection against synthetic identity and application fraud, enhancing detection while reducing friction for legitimate customers.
• Experian's Identity and Fraud solutions play a vital role in the fight against fraud and cybercrime.
• The joint solution delivers powerful identity assessment by uniting the Experian Ascend Platform with Mastercard's Identity Insights for validating identity elements and analyzing related metadata.
• The integration is available through the Experian Ascend Platform across multiple geographies, including North America and UK & Ireland.
• The partnership between Experian and Mastercard aims to streamline the customer journey and make it easy for customers to enroll in services, such as electricity, without adding friction or hassle.
• Experian's advanced fraud-detection capabilities and Mastercard's Identity Insights work together to enhance detection and reduce friction for legitimate customers.

Statistics:

• 96% of decision-makers view identity verification as an important tool in preventing fraud.
• 27% of businesses report that their current identity verification strategy negatively impacts legitimate customers and their experience.
• Experian has over 1,800 global clients.
• Experian operates across 32 countries with a team of 23,300 people.

Sources:

• Experian announcement, "Experian and Mastercard Integrate Identity Verification and Fraud Prevention Technology"
• Businesswire, "Experian and Mastercard Integrate Identity Verification and Fraud Prevention Technology" (https://www.businesswire.com/news/home/20250626034254/en/)
• Experian, "Identity and Fraud Solutions"
• Mastercard, "Identity Solutions"