ID Theft

J.T. Miller Company offers a fraud prevention tool which protects your consumers from identity theft and protects your organization from fraud losses associated with identity theft. It addresses the needs of both groups which are not met by existing solutions such as credit bureaus, public records, internal fraud screening or external fraud prevention networks.

Your lending office can offer our ID theft tool to your consumers, employees, members, etc. alone or bundled with identity restoration to create a comprehensive identity theft solution. It can be used to reduce fraud losses by preventing fraudulent account openings.

PROGRAM ADVANTAGES

• Incorporates risk profile information known only to the consumer (ex: lost wallet, data breach notification, computer virus)
• Allows enrollment of children by their parents - children do not have credit files or similar records which can be monitored for fraud by other systems
• Enforces consumer notification of consumer whenever there is activity (unlike all other systems where the consumer is not an active participant).
• Allows all consumers and all types of organizations to participate improving fraud detection capabilities for all (unlike closed systems like credit bureaus and private fraud screening networks)
• Incomplete profiles are acceptable allowing enrollment of consumers where the personal data is missing or the consumer is unwilling to share all of it (ex: SSN)
• Does not share personal data other than contact preferences thus reducing the permission and regulatory difficulties associated with solutions that share deep personal data and transaction history
• International coverage - not limited to consumers within any given country

Our tool benefits your financial institution by creating twelve email messages a year to the customer, building a communications bridge between your financial institution and your customers. It is an exceptionally low-cost tool to build loyalty and bring in additional business.

Contact J.T. Miller Company today for more information.