These services enable the instant verification
of customer identity thus providing security for those conducting
transactions online and at call centres. It gives customers instant
answers and enables credit-granters to check security in real time.
VantageScore
Developed as a direct result of market demand for
a new approach to credit scoring, VantageScore combines the collective
experience of the three major credit reporting companies in the
US: Experian, Equifax and TransUnion. Any resultant consumer score
is now directly comparable with any other, with any variations caused
simply by data differences, not by the structure of the scoring
model or data interpretation. Consumers vouch for it being an easier
to understand score. It is independently marketed and sold through
each of the three companies and has created a new standard across
the US.
Consumer Credit Bureaus
Experian’s Consumer Credit Bureaus help lenders
manage their risk and lend responsibly. They protect consumer rights,
and by enabling consumer and business borrowing thus contribute
to the creation of good conditions for sustained economic growth.
Small Business Intelliscore
A tool that helps financial institutions evaluate
the creditworthiness and potential risk of a small business through
a single score making the process of doing business with smaller
organisations as quick and efficient as engaging with their larger
competitors and so ultimately creating more opportunity for small
businesses to expand.
Unclaimed Assets Register (UAR)
A unique search service that helps people
find their lost assets and re-establish contact with financial institutions.
It is a database of unclaimed life policies, pensions, unit trust
holdings, and share dividends. It provides insurers, pension schemes,
financial institutions and listed companies with ways of addressing
the issue of unclaimed money and to find lost customers. For individuals
and professionals such as solicitors, the UAR provides a search
facility for tracing lost or forgotten investments.
Motor Insurance Database
Enables the identification of uninsured drivers in
the UK and provides an effective tool for the police and insurers
to tackle the problem. Uninsured driving costs the UK in excess
of £350 million and affects the insurance premiums of insured
drivers.
Absolute Movers and similar products
A product for identifying home movers that prevents
communications being sent to previous occupiers. This reduces
the risk of identity fraud and prevents wasted mailings reducing
the environmental impact of direct marketing. Similar products
ensure that databases are kept up to date by removing the names
of – for example – deceased individuals, and ensuring
that relatives are not distressed with unnecessary mail.
Mosaic Public Sector
Mosaic Public Sector is the UK's first classification
focused on the needs of the citizen. It supports better policy decision
making by providing a single integrated view of typical citizens
combining trend data from various public sources including health,
crime, education, criminal justice, local and national government.
This helps public sector organisations implement preventative measures
for health, benchmark the performance of community services, deliver
more effective communications and improve resource allocation at
ground level. For example, the police in the UK use Mosaic to identify
neighbourhoods at risk of burglary and other household crimes; it
is used by the health service in the UK to analyse patterns of exposure
to diabetes, teenage pregnancy and heart disease and the UK’s
fire service uses Mosaic to identify households most at risk of
fire.
‘I really cannot praise UAR highly enough.
When I initially sought help from various organisations, ombudsmen etc.,
I got nowhere. Only when I contacted you did I find an organisation
whose support enabled me to persist and reach a successful conclusion.
My heartfelt thanks therefore to all at the UAR.'
