Verify Identity by Early Warning helps prevent fraud loss by detecting false and synthetic identities before they enter your financial institution’s systems. It provides a reliable assessment of an applicant’s true identity. It offers a risk score, a synthetics indicator for further cross-checking, and real-time name, date of birth (DOB), and Social Security number (SSN) match, enabling confidence in onboarding customers. In 2022, there were over 34 million identity verification transactions issued by Early Warning. Verify Identity enables synthetic identity screening, allowing you to expand your customer base with confidence. It lets you determine, in real-time, the likelihood that an applicant is who they claim to be, protecting against identity fraud while moving legitimate applicants swiftly through your decisioning process. Real-time access allows you to detect fraudulent identities before bad actors enter your system. Streamline your review of applicants with an inquiry-based real-time solution, enabling customers to quickly move through your digital application process.
