A new solution for lenders, including store card providers, can check for suspicious activity at a household address to help protect against fraud.

Equifax has launched its Address Check to help lenders fight financial crime.


Equifax Address Check is the first to provide this information at household rather than postcode level, allowing lenders to gain a better understanding of their existing and potential customers to comply with ‘know your customer’ requirements.


Cases are categorised by risk level and the system will identify why an address has been flagged as higher risk so that cases can be clearly prioritised. The dashboard allows lenders to easily view all the information so that they can use the insights across their application and customer management functions, with the underlying data made available to the lender’s various systems.

John Marsden, Head of Identity and Fraud at Equifax, says the solution can be used for any product that has a bill associated with it, such as a store card.


He adds: “The reasons for excessive activity at an address could of course be genuine, but lenders need to be able to properly investigate and determine the right course of action.”