ID Analytics Secures Identity-Based Fraud Detection Patent
PRNewswire reports ID Analytics receives third patent from U.S. patent and trademark office for new detection system and method using historical identity records. ID Analytics received a patent for the company’s system and method for fraud detection using multiple historical identity records. ID Analytics incorporates these in its ID Network, which includes more than a billion unique identity elements and receives an average daily flow of 45 million identity elements from its customers which include eight of the top ten credit card issuers, six of the top ten financial services companies and four of the top five wireless carriers.
