The Importance of Flagging Erroneous Data Quickly

It is crucial in the fight against fraud to detect fake and fraudulent information instantly. With the increasing sophistication of fraudsters, businesses must take steps to protect themselves from fraudulent activities. By flagging inaccurate or fake data quickly, businesses can prevent fraudsters from using stolen identities and false information to obtain loans, credit cards and other financial services.

Inaccurate or fake data can also lead to errors and inefficiencies in customer relationship management systems. This can impact the quality of customer interactions and lead to lost revenue. By implementing effective identity verification services and pre-screening tools, businesses can confirm the identity of their customers with ease, reduce the risk of fraudulent activities and protect themselves from financial damage.

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Verifying Key Application Details to Protect Your Business

Loan application fraud is a significant concern for financial institutions. Fraudsters use false information to obtain loans, credit cards and other financial services, resulting in massive financial loss. One effective way to prevent loan application fraud is to verify basic and key application details. This can simply include verifying employment history and other customer details provided by the applicant. By using IDFEX and our alternative data sources to verify this information, businesses can ensure that the information provided is accurate and reduce the risk of loan and financial fraud.

Verifying social media information

The role of social media verification in fraud prevention is becoming increasingly important. Social media platforms have become a common way for fraudsters to obtain personal information that they can use to commit identity theft or other fraudulent activities. By verifying social media information provided by applicants, businesses can confirm the identity of their customers. This can include verifying the authenticity of social media profiles and the accuracy of personal information, such as names, dates of birth and employment history. In addition, social media verification can help businesses identify potential red flags, such as unusual account activity or connections to known fraudsters.

Verifying Residential Address & occupancy status

Verifying residential addresses is a critical step in reducing the risk of fraud for businesses. Fraudsters often use false addresses to carry out various fraudulent activities, such as credit card fraud, identity theft, or loan application fraud. By verifying residential addresses, businesses can ensure that their customers are who they claim to be and prevent fraudsters from using fake addresses. Address and occupancy verification can be done through our IDFEX system instantly. By using these methods, businesses can confirm the legitimacy of the address and reduce the risk of fraudulent activities.

Prevent & Detect Fraud

Detecting, Mitigating & Preventing Fraudulent Behaviour

Data pre-screening tools are a crucial component of any fraud prevention strategy, helping businesses to detect, mitigate and prevent fraudulent behaviour. By implementing our tools in the customer onboarding and KYC processes, businesses can ensure that only legitimate customers are accepted and reduce the risk of financial damage and reputational harm.

fraud prevention
Fraud prevention security

Advantages of Using Effective Fraud Prevention Measures

Here are some reasons what these prevention measures will combat;

  • Fraud can lead to significant financial losses for businesses. Effective fraud prevention measures can help protect against financial damage by identifying and preventing fraudulent activities at an early stage.
  • Fraudsters may use stolen or fake identities to commit fraud. By implementing effective fraud prevention measures, businesses can maintain the integrity of their customer data, ensuring that only legitimate customers are accepted.
  • Fraud prevention measures can help reduce the costs associated with investigating and resolving fraudulent activities. By preventing fraud from occurring, businesses can reduce the costs associated with chargebacks, refunds, and other expenses related to fraud.
  • Fraud can damage a business’s reputation, leading to a loss of trust and credibility among customers and partners.

What our customers say about IDFEX

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"The integration of (DVS) into IDFEX has not only supported our KYC and AML/CTF compliance but has drastically reduced the onboarding time for new clients."

Betting & Gaming
AML/CTF Officer

“After a full year of using IDFEX, I am thoroughly impressed. What makes IDFEX truly remarkable, though, is its affordability. It offers exceptional value for money, allowing you to pick the data sources you want to pay for."

Bullion Trader
Owner / MD

“We use IDFEX for both pre-screening new online applications to look for obvious anomalies and then run full DVS checks when needed. We love how IDFEX lets us perform both from the one system.”

Neo Banking Client
Head of Fraud

“We're successfully verifying over 85% of our applicants! It’s great how IDFEX can verify more than just their names and addresses and include phones, emails, age and other important profile information."

BNPL Client
Head of Fraud & Intelligence

“We just simply love how we can switch from identity verifications to KYC investigations with a simple click. We haven't seen any other system in Australia that can do that.”

Life Insurance Client
Head of Data & Governance

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Ready to see IDFEX ID Check in action?

“Idfex has an amazing match result and we are passing almost 80% of queries. It’s great how you can also validate more than just their names and addresses and include phones, emails and social media."

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Product Solutions

Our Products

For over a decade, we’ve been helping organisations overcome their data challenges, particularly when it comes to enhancing the strength and completeness of Australian Consumer data.


Effortlessly target your ideal consumer audience and launch your campaign with our user-friendly platform, where you can quickly and easily download Australian marketing lists in minutes.



With Caspar, tracking down missing debtors and persons of interest has never been easier. Easily uncover their contact information and reconnect with them in a snap.



Our self-service datawashing platform allows for the repair, validation and enrichment of outdated Australian Consumer data. Improve the quality of your data in minutes.



Stay compliant and secure with our comprehensive identity verification and risk assessment solution, featuring validation, verification and matching of various metrics.


ADC Death Check

Protect your business reputation with our Australian Death Check solution. Maintain data accuracy as required by law, improve customer experience, save money and fight fraud.

ADC Death Check


Easily integrate our reliable RESTful API into your software for seamless access to our extensive Australian Consumer Data Universe. Suitable for automating data processes for any industry.



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