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What is FraudShare?

FraudShare is a groundbreaking platform developed by LIMRA to address the growing problem of account takeover fraud in the financial services industry. It offers users immediate access to data concerning incidents and indicators of threats associated with ATO attacks, enabling businesses to implement preventative measures against fraudulent activities. Users benefit from timely email alerts and can utilize data export functions or an API, making it easier to recognize and prevent further attacks. The platform's correlation analysis capabilities allow organizations to uncover and link related incidents, revealing additional threat indicators crucial for comprehensive examinations. Moreover, FraudShare supplies important statistics and trends based on authenticated fraud cases, aiding companies in understanding the complexities and consequences of ATO fraud. This extensive pool of information equips organizations to make informed decisions to enhance their fraud prevention strategies and adapt to the constantly evolving threats within the financial sector. As a result, FraudShare not only strengthens individual defenses but also fosters a collaborative approach to combat sophisticated fraud tactics across the industry. In conclusion, its role is vital in improving collective resilience against fraud in an increasingly digital world.

What is FiVerity?

The convergence of theft associated with fraud and sophisticated cyber attacks is intensifying, often surpassing conventional solutions in over 85% of cases. Unlike past fraudulent activities, current cyber fraud is orchestrated by highly funded international criminal syndicates equipped with cutting-edge technology. To address these new threats, FiVerity implements an advanced layer of machine learning that enhances traditional rule-based verification systems. Moreover, FiVerity’s Cyber Fraud Network™ facilitates the secure exchange of fraud intelligence among consumer lending organizations, all while ensuring the protection of sensitive personal data. This groundbreaking strategy not only bolsters detection capabilities but also encourages collaboration between financial entities, strengthening their defenses in the relentless fight against cyber fraud. By adopting such innovative measures, FiVerity is leading the charge toward a more secure financial environment, empowering institutions to stay ahead of emerging risks. Discover how FiVerity is reshaping the future of financial safety and security.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

LIMRA

Date Founded

1916

Company Location

United States

Company Website

www.limra.com/en/solutions-and-services/regulatory-and-compliance/fraudshare/

Company Facts

Organization Name

FiVerity

Date Founded

2017

Company Location

United States

Company Website

www.fiverity.com

Categories and Features

Fraud Detection

Not specified

Insurance

Not specified

Categories and Features

Cyber Risk Management

Not specified

Fraud Detection

Not specified

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