- With access to millions of records, eID is able to reliably verify an identity.
- Save the cost of a manual verification process while increasing the reliability of results.
- Helps to reduce identity fraud and the risks associated with unknown customers in a faceless environment.
- With a proven track record of processing millions of online enquiries a year, verification results are returned instantly.
- Respond to know your customer (KYC) and anti-money laundering (AML) legislative requirements.
- Automate online account application and approval processes - improving customer service by approving transactions quickly.
- Age verification and credit card number validation capabilities
- Seamlessly integrates into your existing systems and processes
- Operator user interface available for call centre applications
How It Works
eIDcompare™ is an online, identity verification solution that cross checks applicant information against Equifax and 3rd party data sources to validate an identity and to determine whether that identity has been reported as misused or associated with potential fraudulent activity.
This easy-to-use, Equifax hosted tool, requires minimal input data to return an identity assessment report. eIDcompare delivers a “pass“ or “manual review“ recommendation, along with fraud warning indicators, reason codes, and data source validation information - all in real-time.
eIDcompare allows businesses to verify an identity with confidence; facilitating new customer transactions, validating existing customers, mitigating potential identity fraud risk, aiding the background check process and assisting in Know your Customer / Anti-Money Laundering legislation compliance.