Equifax eDecision for AML

The fastest, most accurate and reliable system for verifying the identity of new customers. The system provides fast lending decisions and provides a quick and convenient way to comply with stringent AML regulations, without inconveniencing prospective customers.

Key Features

  • Condense the most detailed information into a simple decision score
  • Get consistent lending decisions delivered in seconds
  • Store application data for future reference

Condense the most detailed information into a simple decision score

Equifax eDecision for AML draws upon millions of records from robust data sources covering the whole UK adult population. It proves residency as well as identity. All the validated checks are summarized in the Equifax 3-Digit AML Profile. So you can see at a glance whether or not a customer’s identity has been verified. Additional alerts tell you if an applicant is present on external databases such as the Bank of England sanctions list, the senior political figures list or the Halo deceased database. So you can have complete confidence in the integrity of your customers’ identities.

Get consistent lending decisions delivered in seconds

Equifax eDecision for AML processes applications automatically through a series of decision steps, executing your selected rules to use any combination of application and credit bureau data. This automatic process provides instant and consistent lending decisions, only referring applications for manual review where necessary. You can process decisions in seconds without delay or inconvenience to prospective customers.

Store application data for future reference

Equifax eDecision for AML offers a unique storage facility for all your applications data, logging the information for future reference. Each application has its own reference number, allowing you to find stored information quickly and easily.