eIDcompare™ is a comprehensive identity verification tool that confirms the likelihood that an identity exists, as well as the likelihood of the identity being associated with fraud. When used as a “frictionless” first layer of defense in a multi-layered strategy or for less risky online transactions, eIDcompare is an economical solution that leverages a waterfall approach to validating applicant information against multiple data sources.
- Customize security requirements specific to your industry or business needs
- Passively assess fraud risk profiles of new applicants for online services
- Reduce website abandonment rates
- Segment “bads” from an online population as part of a risk strategy
- Minimize manual processing time and costs
- Comply with USA PATRIOT Act, FFIEC and FCRA guidelines
If an identity is connected to questionable activity, eIDcompare delivers a warning indicator, reason codes, data source validation, and either a “pass” or “manual review” recommendation – all in real time.