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Financial Solutions

Open More Accounts. Be Compliant.

Checking accounts, mortgage loans, prepaid or stored-value cards, pay-day loans, wire transfers, check processing – no matter what type of financial service or product you offer, when you open a new account you have to be extra careful to identify legitimate customers. Figure in other issues like having to meet the new federal guidelines for multi-factor authentication, or the complexities of dealing with an unbanked market, and labor intensive processes can really add up.

IDology provides the right balance. We offer an immediate and secure way to keep transactions moving with less manual intervention and without compromising your customer’s comfort or your fraud protection. Our advanced rules-based technology allows us to quickly verify a customer’s identity with as little information as name and address. Plus you’ll have the ability to enable knowledge-based authentication when you need it; giving you an extra layer of protection from fraud.

Benefits to Your Business:

Open more new accounts in less time
Increase approval rates without requiring manual intervention
Meet federal guidelines for implementing multi-factored authentication without interrupting your business
Protect your business from fraud
Quickly verify the identity of unbanked customers
Comply with rules and regulations of the USA Patriot Act
Verify significant transactions out of scope of customer’s normal activity
Identify customers in a friendly, non-intrusive approach

Start experiencing the benefits of IDology now. Schedule a demonstration for your business today.