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Product

FraudIQ™

FraudIQ™ combines advanced analytics and shared multi-sector consortium data into one comprehensive fraud prevention platform.
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Why Choose FraudIQ?

Work faster and smarter to help reduce fraud loss and increase revenue. 

FraudIQ Exchange consortium
Leverage the power of our unparalleled multi-sector fraud data from organizations across Canada.
Work faster
Make decisions in real-time with cloud-based, one-API integration – reducing manual workflows.
Smarter screening
Use optimized machine learning models and scores to reduce false positives.
Adapts to your needs
Customize the platform with your own rules, queues, decision strategies, and user interface.
Comprehensive data
Stay on top of your fraud strategies with dashboards and reporting.
Streamline fraud protection
Reduce the need for multiple vendors using different platforms to lower costs and allocate resources more effectively.
0 y

15 years+ experience fighting fraud.*

0 M

~30 million annual assessments

0 B+

$2.5B+ in loss avoidance annually (estimated)

Across all Equifax Canada fraud prevention platforms.*

Fight Application Fraud and Help Reduce Losses

FraudIQ is a cloud-based platform, powered by advanced analytics and rich data sources, including our proprietary Equifax data and shared fraud data from our FraudIQ Exchange. The innovative platform helps you protect your business against preventable fraud losses, while delivering a better customer application experience to drive more revenue.

How FraudIQ works

Give your customers an easy three-step client journey with the FraudIQ platform.

What Sets Us Apart

As fraud continues to evolve, FraudIQ helps you make proactive, smarter decisions in order to help minimize fraud losses before they hit your bottom line.

Rich Data Ingestion

The platform combines FraudIQ Exchange data and the ability to integrate third-party provider data to give you comprehensive fraud protection.

Advanced Analytics Detection

Leverage machine learning models and scores alongside our rules recommender and optimizer.

Real-time Computing

With our SaaS-based, cloud-hosted platform and single API, you can go from data to decision in seconds.

Frequently Asked Questions

The increase in digital transactions is making it easier for fraudsters to exploit weaknesses in many existing fraud prevention practices. Businesses need enhanced fraud detection across their digital platforms where financial crimes are being perpetrated.

FraudIQ offers access to proprietary Equifax data as well as our unparalleled FraudIQ Exchange, which includes known fraud data from major Canadian banks, financial services, telcos, and other industries, including auto and insurance.

The automotive, mortgage, insurance, credit unions, telco, and banking industries are some of the sectors using FraudIQ to improve customer experience and reduce fraud-related losses.

The advanced technology built into the platform identifies higher risk applications to help determine if your applicant is legitimate. The speed and efficiency of the platform helps to protect your business against losses while improving both the digital and in-person application processes.

Yes, in addition to offering a host of standard features, including a robust analytics engine, dashboards and reporting capabilities, you can tailor the platform to align with your own rules, queues, decision strategies, and user interface.

Related Resources

Product Sheet
Product Sheet
FraudIQ™
Product Sheet
Product Sheet
FraudIQ™ Managed Services
Report
Report
H1 2025 | Equifax Canada Market Pulse Fraud Trends
Report
Report
H1 2024 | Equifax Canada Market Pulse Fraud Trends
Product Sheet Product Sheet Report Report Video

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Let’s Talk About Reducing Risk and Loss Due to Fraud.

Contact us to learn how FraudIQ can help mitigate fraud and identity risks.

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