With Equifax IDplus, full Insight subscribers enjoy a new level of detail, including the number of different lenders behind the Insight accounts. And even partial or non-Insight subscribers can access the non-financial elements of the records as a reliable way to prove identity.
The system delivers 24 new, easy to understand summary characteristics, such as the number of retail lenders and the age of the most recent account. The level of detail greatly improves the identity validation process, to comply with anti-money laundering regulations.
With around six times as many records as the Electoral Roll, updated on a daily basis, Insight is a powerful proof of identity tool. Equifax IDplus minimises time and cost and reduces reliance on paper proofs of identity.
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