idverifact platform

Secure Your Business and Customers with IDVerifact’s Comprehensive Identity Verification Solutions

The need for safe and effective identity verification solutions is more important than ever in today’s digital world. With the rise in identity theft and financial fraud, businesses must verify that their customers’ identities are valid and that their data is secure. This is where IDVerifact comes in, providing companies across various industries with cutting-edge solutions.

IDVerifact is a leading identity verification platform that offers a wide range of solutions to help businesses mitigate risks associated with financial crime, fraud, and regulatory compliance. The platform is designed to provide businesses with a seamless and automated identity verification process, from onboarding to ongoing monitoring. 
Identity Verification: IDVerifact’s identity verification solutions are powered by advanced technologies such as facial recognition, and machine learning. IDVerifact’s solutions are designed to verify identities in real-time with great accuracy and speed. This guarantees that companies can easily enroll legitimate clients while keeping fraudsters out.
Fraud Prevention: IDVerifact’s fraud prevention solutions use advanced algorithms to detect fraudulent activities and alert businesses in real-time. IDVerifact provides a variety of fraud detection solutions, such as device intelligence, geolocation, and biometric authentication, to help companies detect and prevent fraudulent activities
Compliance: IDVerifact’s compliance solutions are designed to help businesses comply with regulatory requirements, including Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations. IDVerifact provides a variety of compliance solutions, such as risk assessment, ongoing monitoring, and reporting.
Consumer Consent Management: IDVerifact’s consumer consent management solutions allow businesses to obtain explicit consent from customers for data sharing and processing. To assist companies in adhering to data protection laws like the GDPR, IDVerifact provides a variety of consent management solutions, such as consent capture, revocation, and audit trails.
Automated Underwriting: IDVerifact’s automated underwriting solutions help businesses streamline their underwriting process by automating key tasks such as data collection and risk assessment. The platform offers a range of underwriting tools, including data enrichment, scorecard development, and model validation.
CRAView: IDVerifact’s CRAView solutions allow businesses to access and review credit reports from multiple Canadian Revenue Agency (CRA) on a single platform.  CRAView offers data mapping, report retrieval, and dispute management to help businesses make informed credit decisions.
Risk Mitigation: IDVerifact’s risk mitigation solutions help businesses identify and mitigate risks associated with financial crime and fraud. The platform offers a range of tools for risk mitigation, including transaction monitoring, watchlist screening, and case management.

IDVerifact is a comprehensive and trusted platform that provides KYC, AML, KYB, Fraud Detecting/Preventing and Biometric solutions to enterprises in a variety of industries. The platform provides the tools and solutions that they need to reduce the risks connected with financial crime, fraud, and regulatory compliance. By partnering with IDVerifact, businesses can ensure that their customers’ identities are genuine and their data is secure.