Identity Verification (IDV)
Comprehensive Identity Verification Score generated by screening the loan applicant’s demographics against variety of data sources. In addition the API also generates TransUnion’s propriety match scores for each data point as well.
Key Features of Identity Verification (IDV)
Identity Verification leverages data points from a variety of sources or Verification leverages certain parameters from a variety of data points, generates proprietary match scores and makes them available on-demand via APIs, Reports or batch data scrubs.
Identity Verification (IDV) Overview
Identity Verification is an enhanced and configurable solution for verifying the identity of your potential customers. Identity Verification enables you to gain confidence in the applicant and get additional insight into their profiles by leveraging various plug and play data sources. Smart alert messaging and TransUnion’s proprietary scoring logic enables you to make effective customer onboarding decisions in real time. It enables you to screen against potential high risk applications thus reducing losses. Identity Verification helps control costs by identifying good customers and flagging suspicious data that indicate potential high risk, thus optimizing manual reviews. It improves operational efficiencies of the onboarding funnel by delivering consistent and reliable verification results.
API under Identity Verification (IDV)
Are you ready to get started ?
To understand the steps for gaining access to the portal documentation, adding your user groups and familiarizing yourself with our range of services, click on the button below.
CONNECT WITH US
