Open More Accounts. Be Compliant.

Checking accounts, credit cards, 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
• Comply with CIP and KYC regulations
• Verify significant transactions out of scope of customer’s normal activity
• Identify customers in a friendly, non-intrusive approach