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Experian

Experian Precise ID

Composite Score

7.8 /10

CX Score

8.0 /10

30 Reviews Write a Review

What is Experian Precise ID?

Precise IDSM is Experian's fraud detection and prevention platform that offers resources to outpace criminals by detecting, avoiding and managing cross-channel fraud activity.

Company Details

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Awards & Recognition

Experian Precise ID won the following awards in the Financial Risk Management category

Filter By

1 Top Rated Capabilities

1 Top Rated Features

Latest Award, 2023

2 Top Rated Capabilities

0 Top Rated Features

2022

Experian Precise ID Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Experian Precise ID.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

86 Likeliness to Recommend

6
Since last award

97 Plan to Renew

4
Since last award

85 Satisfaction of Cost Relative to Value

8
Since last award

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+89 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Experian Precise ID?

8% Negative

6% Neutral

86% Positive

Pros

Performance Enhancing
Efficient Service
Respectful
Effective Service

Feature Ratings

Average 85

Transaction Monitoring

Analytics and Reporting

Stress Tests

Fraud Management

Asset Liability Management

Policy Management

Market Risk Management

Credit Risk Management

Anti Money Laundering

Cheque Management

Regulatory Compliance and Audit

Vendor Capability Ratings

Average 84

Ease of Data Integration

Ease of Customization

Ease of Implementation

Product Strategy and Rate of Improvement

Business Value Created

Availability and Quality of Training

Usability and Intuitiveness

Breadth of Features

Quality of Features

Vendor Support

Ease of IT Administration

Experian Precise ID Reviews

Fainil G.

Role: Operations
Industry: Consulting
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Nov 2023

Operational Software for Compnies

Likeliness to Recommend

9 /10

What differentiates Experian Precise ID from other similar products?

The software has established accurate mechanisms that helps us navigate the possible risks. Further, the direction in matters investing is well articulated.

What is your favorite aspect of this product?

The direction in matters investment and analysis are fully included in this space and it saves on business costs for executing business. More so, the immediate commitment by all developers brings an incredible perspective.

What do you dislike most about this product?

The software has an appropriate approach in matters financial efficiency and business clarity.

What recommendations would you give to someone considering this product?

The stipulations in matters financial investment is something that outlines business growth and it saves on financial clarity.

Pros

Trustworthy
Effective Service
Inspires Innovation
Client's Interest First

Alexis l.

Role: Finance
Industry: Finance
Involvement: Vendor Management and Renewal

Validated Review

Verified Reviewer

Submitted Dec 2022

Easy to use and great!

Likeliness to Recommend

10 /10

What differentiates Experian Precise ID from other similar products?

It is great and easy to use.

What is your favorite aspect of this product?

It is a great product overall.

What do you dislike most about this product?

There is nothing I dislike about this product.

What recommendations would you give to someone considering this product?

Try it out. I think you’ll love it!

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Boris M.

Role: Finance
Industry: Consulting
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Sep 2022

Robust Solution for Risk Assessment

Likeliness to Recommend

9 /10

What differentiates Experian Precise ID from other similar products?

Experian Precise is competent in evaluating all the financial risks that faces a company, hence, there us clarity and assurance.

What is your favorite aspect of this product?

Experian Precise brings a rational understanding of what a company requires to avoid financial losses. The program is systematic and fact based.

What do you dislike most about this product?

Experian Precise is a quality risk evaluating tool, with standard approaches that suits businesses.

What recommendations would you give to someone considering this product?

Experian Precise is a high risk assessment platform, that puts all factors into practice for accurate report.

Pros

Helps Innovate
Enables Productivity
Trustworthy
Unique Features

How We Deliver

Experian Precise ID

What is Experian Precise ID?

Company Details

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Awards & Recognition

Experian Precise ID Ratings

86 Likeliness to Recommend

6 Since last award

97 Plan to Renew

4 Since last award

85 Satisfaction of Cost Relative to Value

8 Since last award

Emotional Footprint Overview

+89 Net Emotional Footprint

How much do users love Experian Precise ID?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Transaction Monitoring Includes Know Your Customer (KYC), cash deposits and withdrawals, wire transfers, and ACH activity management.

Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting and easy data extraction for data analysis.

Stress Tests Includes crisis simulations, scenario generation, and scenario analysis.

Fraud Management Includes identity theft protection, fraud alerts, payer authentication, and fraud investigations.

Asset Liability Management Includes interest rate risk, liquidity risk, and funding and capital management.

Policy Management Solution centralizes policies, standards, and procedures mapped to regulations or best-practices (PCI-DSS, ISO/IEC, HIPAA, etc.) with built-in templates.

Market Risk Management Includes equity risk, currency risk, and commodity risk.

Credit Risk Management Includes credit assessment, credit scoring, and credit risk analysis.

Anti Money Laundering Includes suspicious behavior identification, currency transaction reporting, case management and customer due diligence checks.

Cheque Management Includes cheque printing, cheque tracking, cheque payment processing, and cheque verification.

Regulatory Compliance and Audit Ability to adhere to laws, regulations, guidelines, and specifications relevant to the business. Ability to store documents and trails for audit access.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Experian Precise ID Reviews

Fainil G.

Operational Software for Compnies

Likeliness to Recommend

Pros

Alexis l.

Easy to use and great!

Likeliness to Recommend

Pros

Boris M.

Robust Solution for Risk Assessment

Likeliness to Recommend

Pros

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Feature Ratings

Transaction Monitoring

Analytics and Reporting

Stress Tests

Fraud Management

Asset Liability Management

Policy Management

Market Risk Management

Credit Risk Management

Anti Money Laundering

Cheque Management

Regulatory Compliance and Audit

Vendor Capability Ratings

Ease of Data Integration

Ease of Customization

Ease of Implementation

Product Strategy and Rate of Improvement

Business Value Created

Availability and Quality of Training

Usability and Intuitiveness

Breadth of Features

Quality of Features

Vendor Support

Ease of IT Administration