Experian also uses consortium files that are shared records with verified and updated fraud lists. They are collected by various entities, including banks, credit card companies, telecommunications providers and other lenders, and used to support participating organizations in stopping regular fraud offenders. Information shared could include high-velocity SSNs, addresses that are established as fraud mail-drops or risky locations, recycled phone numbers, and repeat physical addresses and email addresses that are associated or connected to existing fraud records.
Generally, these files would be managed or housed by a trusted third party, such as a credit reporting agency. Data would be collected from multiple sources, such as banks, and the credit agency would allow access to these files in real-time.