Amsterdam 8 November 2023- Experian received the VVCM Credit Management Innovation Award yesterday at Credit Expo, which took place in Den Bosch, for its solution Aidrian. This cloud-based fraud solution, powered by machine learning, supports companies in accurately detecting fraud. The winners were announced at Credit Expo, the annual knowledge and networking event for the Dutch Credit Management Sector, for the VVCM Credit Management Innovation Award and the SRCM Sustainable Accent. Martijn Kruizinga, Client Director at Experian Netherlands accepted the award.
"We are extremely proud to receive this award. This underlines the importance of innovation in fraud prevention in a fraud landscape which is becoming increasingly complex," says Herman Peeters, Principal Consultant at Experian Netherlands. "We are pleased that the importance of fraud prevention by properly deploying artificial intelligence (AI) and machine learning (ML) is recognised. We look forward to supporting even more companies in improving the accuracy of their decisions against fraud."
Aidrian combines AI-driven machine learning technology with device profile data. This significantly increases the accuracy of fraud detections. Experian's fraud solution offers 99.9% accuracy in identifying transactions. Besides reducing fraud, this ensures that customers experience smooth and hassle-free checkout and onboarding.
Experian is the world's largest provider of information services. During important moments in life, such as buying a house or car, sending a child to university, or growing a business by reaching new customers, we give consumers and our clients the confidence to manage their data. We help individuals to take financial control and access financial services, businesses to make smart decisions and grow, borrowers to borrow more responsibly, and organisations to prevent identity fraud and crime.
We employ 22,000 people in 32 countries and we invest every day in new technologies, talented people and innovation to enable all our customers to maximise every opportunity. Headquartered in Dublin, Ireland, we are listed on the London Stock Exchange (EXPN) and are part of the FTSE 100 Index.
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Experian Nederland B.V. is a separate entity operating under the Experian brand.