Great software for identity detection and fraud prevention. Their support team is very attentive! What I like best about PALIDIN: 1) Ease of use 2) Accuracy 3) Customer support 4) Pricing
Mercedes-Benz Financial Services
A 30-day trial of 100 UV units (1 unit in each of 100 locations) resulted in the prevention of almost $200,000 in fraud - a greater-than 2000% return-on-investment in 30 days. Currently, more than 25,000 units are installed nationwide.
Wells Fargo Bank
Our business has several outlets where we accept cash- Merchandise, Food, Parking, Vending, Ticket Booth, etc. When counterfeits were passed in the park, they were mostly in merchandise locations. Once we controlled the issue in our stores, it minimized (almost eliminated) in the other areas of the park.
Disneyland
The Fraud Fighter ID scanner just saved us a $22,000 loss. We had a bad feeling about this guy so we scanned his Driver’s License and it was fraudulent. That made it very easy to tell him we wouldn’t take his credit card or do the sale. When our guard followed him out of the store to catch his license plate he decided to run across the major 6-lane road to get away.
Coffin & Trout Fine Jewellers
Stores that installed the (FraudFighter) units virtually eliminated incidences of the theft of automobiles resulting from presentation of false ID's and stolen credit cards.
Avis
Fletcher Jones implemented the FraudFighter PALIDIN solution as part of a program to halt fraudulent auto loans being generated in our 14 luxury auto brand dealerships. Every time a customer wants to test drive a car, we authenticate their driver license. We also require that the PALIDIN authentication report be included in the “deal jacket’ submitted to the underwriting department – failure to do so results in the financing deal being automatically rejected.
Fletcher Jones Motorcars
Control risk end–to–end with prevention, detection, and compliance
Prevent Negotiable Instrument Fraud from existing and future payment types
Fight Identity ID related fraud while complying with federal regulations
Optimize compliance to reduce regulatory pressures and falling revenues
Maximize Return on Investment from leading cost–of–ownership model that delivers a measurable reduction in annual losses from fraud
Improve operational efficiency through enhanced detection capabilities and streamlined workflow
Message from the CEO
After nearly twenty-five years of aiding organizations in their battle against fraudsters, we have reached the conclusion that the global fraud-risk environment for businesses is continuously escalating.
Our solutions continuously evolve to enable users to deter and identifying fraudulent transactions. However, the criminal community adapts and innovates constantly, finding new methods to exploit individuals and businesses. It is alarming to witness the frequency with which institutions including churches, schools, charity stores, and medical clinics encounter counterfeit currency and stolen credit card usage. Even more distressing is the utilization of transaction environments by identity thieves to perpetrate substantial financial fraud against unwitting victims.
As a recent example, a credit union client informed us that they thwarted an attempt to defraud them of over $43,000 by a single individual. The perpetrator presented a forged ID that was nearly indistinguishable to the naked eye and provided accurate responses to the institution's knowledge-based authentication queries during significant transactions.
Today, virtually all the information required to replicate the majority of American, Canadian and European citizens' identities has already been hacked. One must assume that the Personally Identifiable Information (PII) of ANY person attempting to transact with you has been compromised and is available for sale on various dark markets at a nominal price.
In light of these circumstances, organizations must implement robust defensive measures.
We advocate for a fundamental procedure as the cornerstone of an effective strategy to prevent fraud – validate the information your customer is providing.
If a customer claims to be an account holder, their identity should be verified. When transacting through a mobile app, the legitimacy of their mobile device should be verified. Presenting a credit card should prompt verification of their ID document alongside it. Furthermore, if payment is made in cash, the authenticity of the banknotes should be verified.
We firmly believe that combating fraud is a proactive and deliberate process.
While there may be concerns about customers being offended by intense scrutiny, numerous studies have corroborated our assertion spanning over the decades – that honest customers appreciate the protection of their assets and many may even advocate for your business by sharing their positive experiences regarding the secure transaction environment you have provided.
FraudFighter™ stands as the foremost partner and leader in the battle against financial crimes. Our efforts to combat financial crime are continuous, and for a quarter of a century we have collaborated with partners in the banking and financial sectors, retail, hospitality, and government agencies to thwart these unnecessary and costly crimes using innovative, cost-effective, and user-friendly technologies to deter fraud.
To Your Success,
Arthur Michie
Maximum Protection. Minimum Disruption.
Comprehensive Fraud Detection
Seamless Integration
