Warning Signs in the Application Process

Identify irregularities as early as the credit and account application stages.

Information for Existing Customers

Stay informed even while your business relationships are ongoing.

Protection for the Institution and Its Clients

Use the information provided about suspected fraudsters and victims of identity theft.

Online banking, digital account openings, and quick loan decisions create new opportunities—not only for customers, but also for fraudsters. These fraudsters are operating in an increasingly professional and networked manner, often long before any suspicious activity becomes apparent.

This makes it all the more important to identify risks early on. After all, the sooner relevant information is available, the better we can prevent cases of fraud before any damage occurs.

With SCHUFA, you’ll receive exactly the warning signs you need to make informed decisions—right when it matters most.

The SCHUFA FraudPool provides relevant information on known fraud patterns and serves as a cross-institutional exchange platform with strong community effects: Banks report suspected cases of fraud and, in return, gain access to insights from other participating institutions.

Your benefits:

  • Betrugsversuche bei Kontoeröffnungen und Kreditanträgen frühzeitig erkennen
  • Warnsignale für potenzielle Kontoübernahmen erhalten
  • Eigene Kunden und das Institut besser schützen
  • Vom Austausch mit anderen Instituten profitieren
  • Unterstützung bei regulatorischen Anforderungen

The SCHUFA CreditFraudCheck identifies suspicious application patterns early on and assesses the risk of fraud using a well-founded fraud indicator score. The calculation is based on defined creditworthiness-related variables and provides a reliable basis for risk assessment.

Your benefits:

  • Risiken von Antragsbetrug frühzeitig erkennen und Schäden wirksam vermeiden
  • Auffällige Anträge automatisiert identifizieren und effizient steuern
  • Prozesse dank maschineller Aussteuerung von auffälligen Anträgen effizienter machen
  • Manuelle Prüfressourcen gezielt auf relevante Fälle konzentrieren
  • Schneller entscheiden und Geschäftspotenziale optimal nutzen

Get in touch with experts and learn how you can enhance your fraud architecture with early risk signals and take your fraud prevention to the next level.

With both solutions, you can benefit from their combined strengths:

  • Informationen zu bekannten Betrugsfällen (SCHUFA-FraudPool)
  • Prognosen (SCHUFA-CreditFraudCheck)

By combining both solutions, you gain a comprehensive view of fraud risks and enhance your protection throughout the entire customer journey—from application review to ongoing business.

FraudPool

CFC

We help banks expand their fraud prevention efforts to include earlier and broader risk indicators—from the application stage through to the protection of existing customers.

The SCHUFA approach brings people together:

  • Application Review
  • Identity Risks
  • Information on Known Cases
  • Forecasts on Fraud Risks
  • Notifications Regarding Existing Customers
  • Information for Victims of Identity Theft
  • Data Exchange: Cross-Institutional Risk Signals

Anomalies are not first detected during the transaction, but rather in the application, in the identity verification process, or in a known fraud context.

By combining different risk signals, we gain a broader view of fraud patterns—across individual processes and institutions.

Fraud teams receive relevant information that enables them to assess risks more precisely and manage audit processes more effectively.

Early detection can help reduce cases requiring clarification, chargebacks, manual effort, reputational risks, and negative customer experiences.

Our solutions help you meet your supervisory and regulatory obligations under Section 25h(3), sentence 4, of the German Banking Act (KWG).

Banks can protect not only themselves but also consumers whose identities have been misused or who have been the targets of fraud attempts.