Experian

Experian Precise ID

Composite Score

7.8 /10

CX Score

8.3 /10

29 Reviews Write a Review

Get Demo

In Partnership With SelectHub

Claim Software

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

Book a Free Demo Today!

See it in action with a free demo.

Click below to sign up on our partner's website.

Get Demo

In Partnership With SelectHub

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.

85 Likeliness to Recommend

5
Since last award

97 Plan to Renew

4
Since last award

86 Satisfaction of Cost Relative to Value

9
Since last award

{y}

{name}

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.

+95 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?

0% Negative

6% Neutral

94% Positive

Pros

Performance Enhancing
Efficient Service
Respectful
Acts with Integrity

Feature Ratings

Average 84

Stress Tests

Fraud Management

Asset Liability Management

Transaction Monitoring

Analytics and Reporting

Policy Management

Market Risk Management

Anti Money Laundering

Credit Risk Management

Cheque Management

Regulatory Compliance and Audit

Vendor Capability Ratings

Average 84

Business Value Created

Ease of Customization

Ease of Data Integration

Ease of Implementation

Product Strategy and Rate of Improvement

Availability and Quality of Training

Breadth of Features

Usability and Intuitiveness

Ease of IT Administration

Quality of Features

Vendor Support

Experian Precise ID Reviews

Siddharth S.

Role: Information Technology
Industry: Technology
Involvement: IT Development, Integration, and Administration

Validated Review

Verified Reviewer

Submitted Dec 2024

Experian Precise ID: Accurate Fraud Detection Tool

Likeliness to Recommend

10 /10

What differentiates Experian Precise ID from other similar products?

Experian Precise ID differentiates by its vast data resources to identify various fraud types, including identity theft

What is your favorite aspect of this product?

My favorite aspect is its ability to customize fraud prevention is valuable also its allows businesses to adapt to their specific risk profile and industry needs

What do you dislike most about this product?

i dislike its data entry points is also be small, making navigation difficult

What recommendations would you give to someone considering this product?

I will reccomend this to every it and banking companies who wanted to focus on security

Pros

Helps Innovate
Continually Improving Product
Reliable
Enables Productivity

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

Mayowa O.

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

Validated Review

Verified Reviewer

Submitted Mar 2025

Identity Verified

Likeliness to Recommend

8 /10

What differentiates Experian Precise ID from other similar products?

Experian Precise ID stands out from other similar products due to its comprehensive data repository, which provides a more accurate view of an individual's identity. Advanced analytics and machine learning capabilities help identify potential identity threats and prevent fraud. Real-time verification enables businesses to make informed decisions quickly. The solution is also customizable to meet specific business needs. Additionally, it can be integrated with other Experian solutions for a more comprehensive approach to identity verification and risk management.

What is your favorite aspect of this product?

My favorite aspect of Experian Precise ID is its ability to provide accurate and comprehensive identity verification in real-time. This enables businesses to confidently verify identities and prevent fraud, while also providing a seamless experience for legitimate customers.

What do you dislike most about this product?

One thing I dislike about Experian Precise ID is that it can be complex to implement and require significant technical expertise, which can be a challenge for some businesses.

What recommendations would you give to someone considering this product?

If you're considering Experian Precise ID, I'd recommend carefully evaluating your identity verification needs and goals. Assess the solution's customization options to ensure it aligns with your business requirements. Also, consider the implementation process and potential technical support needs. Lastly, weigh the solution's benefits against its costs to ensure it's a worthwhile investment.

Pros

Reliable
Performance Enhancing
Trustworthy
Efficient Service

Experian Precise ID

What is Experian Precise ID?

Company Details

Book a Free Demo Today!

Awards & Recognition

Experian Precise ID Ratings

85 Likeliness to Recommend

5 Since last award

97 Plan to Renew

4 Since last award

86 Satisfaction of Cost Relative to Value

9 Since last award

Emotional Footprint Overview

+95 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

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.

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.

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.

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

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

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

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.

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

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.

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.

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.

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.

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

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.

Experian Precise ID Reviews

Siddharth S.

Experian Precise ID: Accurate Fraud Detection Tool

Likeliness to Recommend

Pros

Fainil G.

Operational Software for Compnies

Likeliness to Recommend

Pros

Mayowa O.

Identity Verified

Likeliness to Recommend

Pros

Most Popular Experian Precise ID Comparisons

MORS Software

Oracle Risk Management and Compliance

SAP Financial Planning & Analysis (FP&A)

LexisNexis Financial Services

Verafin Suite

SAS Banking Fraud & Risk Management

5
Since last award

4
Since last award

9
Since last award

Feature Ratings

Stress Tests

Fraud Management

Asset Liability Management

Transaction Monitoring

Analytics and Reporting

Policy Management

Market Risk Management

Anti Money Laundering

Credit Risk Management

Cheque Management

Regulatory Compliance and Audit

Vendor Capability Ratings

Business Value Created

Ease of Customization

Ease of Data Integration

Ease of Implementation

Product Strategy and Rate of Improvement

Availability and Quality of Training

Breadth of Features

Usability and Intuitiveness

Ease of IT Administration

Quality of Features

Vendor Support