Experian, a global information solutions provider, today announced a joint technology sharing and marketing referral agreement with US Biometrics, a biometric technology software company. Under the agreement, the two companies will be in a position to refer each company’s products and services to their existing client base and pursue joint product development efforts.
“We’re working to provide the market with the most cutting-edge and effective solutions for their authentication requirements,” said Gary Kearns, president, Experian’s Decision Analytics. “Authentication based on data and analytics, as well as biometrics, is the best step to ensure multifactor authentication. Having the products integrated will better serve the client and their customers.”
The initial joint offering will include Experian’s Knowledge IQSM powered by Precise IDSM, featuring challenge-based questions, and US Biometrics’ authentication product, Qrl TM. The integration will result in the essential component of positively identifying an individual during an enrollment process for online services, at a teller location or during other remote-access interfaces. Once the identity is verified and enrollment proceeds, a fingerprint is captured that can be used for ongoing identity verification purposes.
“There are many possibilities for merging US Biometrics’ technology with Experian’s product line. Together, we will present solutions that solve identification and verification issues today experienced by businesses and consumers,” said David Delgrosso, president, US Biometrics. “The melding of technological and marketing strengths will help forge identification solutions for today but also be a springboard to develop solutions for future requirements.”
Experian’s Decision Analytics business combines data intelligence, analytics, software and consulting to provide credit risk, identity and fraud solutions that help clients increase profitability and improve performance. It’s enterprise-wide decisioning solutions enable clients to manage and optimize risk; prevent, detect and reduce fraud; meet regulatory obligations; and gain operational efficiencies. Trusted by leading players worldwide, Experian’s Decision Analytics business provides the intelligence to make accurate and informed decisions to help clients better manage their customer relationships.
Experian is a global leader in providing analytical and information services to organizations and consumers to help manage the risk and reward of commercial and financial decisions. Combining its unique information tools and deep understanding of individuals, markets and economies, Experian partners with organizations around the world to establish and strengthen customer relationships and provide their businesses with competitive advantage. For consumers, Experian delivers critical information that enables them to make financial and purchasing decisions with greater control and confidence. Clients include organizations from financial services, retail and catalog, telecommunications, utilities, media, insurance, automotive, leisure, e-commerce, manufacturing, property and government sectors.
Experian Group Limited is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. It has corporate headquarters in Dublin, Ireland, and operational headquarters in Costa Mesa, Calif., and Nottingham, UK. Experian employs more than 12,500 people in 34 countries worldwide, supporting clients in more than 60 countries. Annual sales are in excess of $3.1 billion.
For more information, visit the Group’s Web site at www.experiangroup.com.
The word “Experian” is a registered trademark in the EU and other countries and is owned by Experian Ltd. and/or its associated companies.
About US Biometrics
Headquartered in Naperville, Ill., US Biometrics designs and deploys a range of biometric technologies for financial, corporate, governmental, health care, manufacturing and educational clients who require absolute authentication of customers and employees. For more information about US Biometrics and its comprehensive biometric solutions, contact Kelly Shoemaker, vice president of Sales and Marketing, at 630 922 8200 or visit http://www.usbiometrics.com/.