InstantID® gives financial institutions the ability to validate the identity of a consumer or business. By using InstantID, companies can achieve higher identity verification rates resulting in fewer manual reviews to process. It pinpoints applicants that represent the highest fraud risk through a unique FraudDefender index and delivers information which can streamline due diligence procedure.
- Instantaneously verify and validate consumer and business identities
- Comply with Federal regulations
- Endorsed by American Banking Association
- Comprehensive risk assessment
- Automatic check of the Office of Foreign Assets Control (OFAC) list of known terrorists
- 0-50 score generated with smart easy-to-audit results