Experian Ranked 7th on 2024 IDC FinTech Rankings Top 100; Wins IDC Real Results Award in Bank Deposit Transformation
18 Septembre 2024 - 3:00PM
Business Wire
Experian has been ranked 7th on the 2024 IDC FinTech Rankings,
placing in the top 10 providers for the third consecutive year. The
FinTech Rankings evaluate the top 100 providers of financial
technology based on 2023 calendar year revenues from the financial
services and FinTech industries. In related news, Experian is also
an IDC Real Results Award winner, ranking in the top spot for 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 Alex Lintner, Chief
Executive Officer of Experian Software Solutions. "These honors
underscore our delivery of advanced modeling and comprehensive data
insights that advance and accelerate our customers’ business. They
also promote better financial outcomes for our clients compared to
incumbent ways of solving this difficult trade-off and mitigate
risk from the rising tide of sophisticated AI-driven approaches by
bad actors to defraud consumers."
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 Marc DeCastro,
research director at IDC. “Experian offers the data, technology and
scalable solutions to enable financial institutions to make
informed business decisions at the necessary speed to help them
remain competitive in a rapidly changing and competitive
marketplace.”
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 FTSE 100 Index company
listed on the London Stock Exchange (EXPN), we have a team of
22,500 people across 32 countries. Our corporate headquarters are
in Dublin, Ireland. Learn more at experianplc.com.
Experian and the Experian marks used herein are trademarks or
registered trademarks of Experian and its affiliates. Other product
and company names mentioned herein are the property of their
respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20240918146508/en/
Michael Troncale Experian Public Relations +1 714 830 5462
michael.troncale@experian.com
Experian (LSE:EXPN)
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