Novus global solutions
Fraud & Risk Advisory
Fraud and Risk Advisory
Identify an applicant’s end goal and stop fraud before it happens.
- Increase profits by realizing faster customer acquisition
- Reduce operating costs
- Reduce fraudulent write-offs
- Minimize unnecessary delays in approvals for legitimate customers
- Lower false positives
Fraud solutions help you assess risk and deliver an intelligent customer experience that can:
- Streamline customer onboarding
- Reduce manual reviews
- Increase efficiency to lower operational costs
- Prevent fraud losses and associated write-offs
- Improve customer experience
- Uncover unusual risk hidden in complex personal information
Fraud solutions allow organizations to:
- Make informed decisions in seconds instead of days
- Increase efficiency to improve operational costs
- Leverage data insights to increase efficiency
Fraud solutions help you identify an applicant's risk and delivers an intelligent fraud prevention strategy using digital insights that can:
- Increase profits by realizing faster customer acquisition
- Reduce operating costs
- Reduce fraudulent write-offs
- Minimize unnecessary delays in approvals for legitimate customers
- Streamline decisions to increase operational efficiencies
- Lower false positives
Red Flags Rule Report
The Novus Red Flags Rule Report can help comply with the FACT Act Identity Theft Red Flags Rule. Use it to reveal patterns, practices, and suspicious activities that may indicate the possibility of identity theft. Identifying and acting on instances of identity theft is no longer “just another Customer Identification Program (CIP) policy”—it’s the law.
Office of Foreign Assets Control (OFAC) Screening – Novus offers an efficient, way to make sure that your business is fully compliant with OFAC sanctions screening regulations.
Novus OFAC sanctions screening’s advanced search capabilities quickly and automatically scan your customer names and alert you to any potential matches. It investigates former names, aliases or anything else in a customer’s record that might indicate a risk. Our OFAC sanctions screening allows you to scan customer names against International watchlists as well.
Novus Risk Management Solutions
Novus Risk Management Solutions quickly delivers information to help you authenticate the identities of both individuals and businesses. Our innovative tools authenticate identities, assess risk and perform due diligence to help you make informed decisions. We provide you with the intelligence and analytics you need to protect and grow your organization.
Novus Risk Management Solutions is ideal for every company and every industry where a person’s identity or supplied information must be confirmed or investigated.