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.