TransUnion Unveils Enhancements to Next-Generation Device Risk Solution to Combat Rising Fraud Losses

TransUnion has enhanced its Device Risk solution to better combat fraud, offering advanced capabilities for identifying risky devices and optimizing fraud strategies. Key improvements include cross-session device identification, adaptive machine learning, and advanced anomaly detection. These enhancements aim to reduce fraud losses, which cost businesses 7.7% of annual revenue. The solution integrates with existing workflows via APIs and can be used with TransUnion's IP Intelligence for further risk reduction.