Enhanced Security. Increased Profitability.

What does it do?

This advanced platform combines industry-leading data sources with sophisticated analytics to deliver comprehensive KYC screening tools and identity verification solutions. Designed to verify a consumer’s Personally Identifiable Information (PII), the system generates a fraud score to assess the risk of identity fraud, ensuring robust protection for businesses and regulatory compliance.

The platform verifies over 60 critical aspects of an individual’s PII, including match indicators for Social Security numbers (SSN), dates of birth, names/aliases, addresses, phone numbers (home, cell, and work), driver’s licenses, and more. It also provides a complete address history and cross-references data against multiple high-risk attributes such as:

• Watchlists (OFAC, anti-terrorism, anti-money laundering, politically exposed persons, etc.)
• Death Master File records
• High-risk address databases
• Fraudulent activity indicators

By leveraging state-of-the-art KYC screening solutions, this service ensures precise verification through a multi-source strategy that checks millions of records from:

• Trade line records reported by lenders, retailers and consumer service providers
• National Directory Assistance, unlisted and non-published landline phone records
• Wireless and VOIP phone data aggregated from wireless providers, cable companies, and email partners.
• USPS CASS certification software and NCOA Link files for accurate address validation
• Government filings and agency records (e.g., Social Security Administration)
• Proprietary high-risk address databases and other exclusive data sources

This platform is an indispensable AML & KYC screening solution for businesses looking to safeguard their operations against fraud while ensuring regulatory compliance.

What is it used for?

This solution enables businesses to quickly and accurately confirm the identity of individuals, reducing fraud losses and fulfilling Know Your Customer (KYC) and Red Flag Rules. By offering robust ID verification solutions, it provides a secure foundation for various industries, including:

• Alternative and Traditional Lending: To validate borrower identities and mitigate risk in credit issuance
• Retail Finance and Leasing: To ensure trustworthy transactions and avoid fraudulent activities
• Tenant Screening: To verify potential tenants' information and minimize risks for property owners
• Pre-Employment Screening: To confirm applicant identities and comply with hiring regulations

By employing identity verification tools and KYC screening tools, this platform enables businesses to perform detailed identity checks, ensuring they can trust the individuals they are engaging with. Its KYC screening solutions are designed to meet stringent regulatory requirements while streamlining processes to enhance operational efficiency.

Additionally, its identity verification solutions are ideal for industries requiring a high level of trust and compliance, as it provides actionable insights and unparalleled accuracy. The result is reduced fraud, better decision-making, and seamless compliance with AML & KYC screening regulations.

This platform sets the standard for modern verification needs, offering a comprehensive, scalable solution that combines cutting-edge technology with rigorous data validation.