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IDology, Inc. Launches Enhanced Version of Its Identity Verification Solution and Renames Product To ExpectID
New Features Change Competitive Landscape For Knowledge Based
Authentication
Atlanta, June 12, 2006 –IDology Inc., a leading provider of age and identity verification solutions, today announced it has changed the name of its IDlive product suite to ExpectID(tm). Along with this change the company has released Version 3.0 of its proprietary product suite which includes significant new features and more flexibility for businesses when verifying legitimate customers while also protecting consumers from identity theft and the misuse of sensitive personal data.
"The name ExpectID not only conveys the expectations a business has of its customers, but also what they can anticipate from us - fast confirmation of valid identities," said John Dancu, IDology's CEO. "The timing of the name change was perfect because it coincides with some important new service features that truly differentiate us."
IDology, through ExpectID now offers its clients a robust configuration engine which provides the unique ability to instantly set and change the way transactions are handled without requiring IT resources. Further increasing IDology's position as a leading industry provider of complete identity verification solutions, this functionality takes simple pass/fail or ambiguous scoring methods to the next level and allows businesses to quickly react to different situations by either approving the transaction, enabling knowledge-based authentication questions, changing the rules settings or asking someone to resubmit their information.
"We believe that the enhancements to our ExpectID product suite will significantly impact our market", said Raye Croghan, IDology's Vice President of Products. "Businesses need to deploy solutions that can easily adapt to the changing demands of their business to identify customers and prevent fraud. And this is exactly what IDology provides a comprehensive, flexible verification solution that identifies real customers to drive revenue and prevent fraud."
In 2003, IDology set the bar for protecting sensitive consumer information when it launched a solution that delivered id verification based on as little information as name and address. Since then, IDology has expanded its product set to include age verification through ExpectID Age and knowledge-based authentication through ExpectID IQ as well as providing an Enhanced Services offering which allows companies to custom-design their solution for further investigations into an identity. IDologys solutions are perfectly suited for any customer-not-present environment such as the Internet or a call-center as well as face-to-face transactions that require a higher level of verification. Some of the specific capabilities the complete ExpectID suite of products delivers include:
Summary Results - Summary Results is a wide-ranging configuration engine that allows increased decision support, process flow, transaction and data logic and other proprietary service-oriented elements. Summary Results was specifically optimized for fast-paced industries where continuous adaptation to business changes is vital to driving revenue and the security of business and consumer privacy.
Customized Reports - Through ExpectID's reporting features, companies can obtain real-time information on how their automated verification processes are performing. Advanced reporting allows companies to stay ahead of the competitive curve by analyzing performance, and if need be, taking immediate corrective action to keep them ahead of the game.
Comprehensive Functionality - The ExpectID suite of products is specifically designed to function individually or as a complete solution. This lets businesses enable age verification or knowledge-based authentication as or when they need it. By providing the flexibility of an on-demand "soup-to-nuts" solution, IDology addresses the need for fast, secure identity verification while allowing its clients to take into consideration the variables important to their business.
"The real value of our solutions can be seen on the impact to a clients bottom line," said Dancu. "IDology helps drive revenue and decrease costs all while protecting both businesses and consumer from fraud."
The ExpectID suite of solutions is currently available. Contact IDology at info@IDology.com or 866-520-1234 for pricing information.
About ExpectID
ExpectID is a real-time technology solution that verifies someone's
identity without requiring sensitive information, such as a social
security number. Other solutions based on the ExpectID platform include
ExpectID Age and ExpectID IQ. ExpectID Age instantly verifies someone's
age and is recognized as the industry standard in the age verification
space. ExpectID IQ uses intelligent, knowledge-based questions to confirm
someone is who they claim to be. ExpectID IQ is an automated solution
designed for data - and rules-intensive organizations where unprecedented
identity verification and optimal performance are critical. All of the
ExpectID solutions are designed to easily work together or stand alone;
giving businesses the freedom and flexibility to choose what is needed as
quickly as the demands of their business change.
About IDology, Inc.
IDology, Inc (www.idology.com)
provides real-time technology solutions that verify an individuals
identity and age while maintaining consumer privacy and building trust
through the responsible use of data. Our proprietary product ExpectID(tm)
validates individuals using as little information as name and address. And
our industry leading ExpectID Age confirms someone's age in customer not
present environments. Through our patent pending process and advanced
technology engine businesses can enable knowledge-based authentication to
verify customers without alienating them or being labor intensive on their
business. IDology helps its customers drive revenue, reduce costs and
prevent fraud. For more information contact
info@IDology.com.


