IDMatch+PLUS Knowledge Based Identity and Address Verification

NEXUS ID's IDMatch+PLUS Knowledge Based Identity Verification Solution (provided by Veratad Technologies, LLC) is designed to verify an individual’s identity with “out of wallet” challenge questions, further assuring that your organization is compliant with FACTA Regulations. In addition, the service provides an optional integrated OFAC Search component.

 

Veratad's IDMatch+PLUS offers an added layer of consumer challenge with rotating Knowledge Based Historical Question Sets. IDMatch+PLUS is accessible via our web based virtual terminal at a moment’s notice as an onsite enhanced Authentication Solution; or easily integrated into your existing website. The system is designed to custom fit your needs allowing the number of questions to be changed from a set of 2 or 4 and allowing you to build your own business rules for adjudication. The system scans billions of public records to locate and verify your potential customer’s identifying information. This NEXUS ID service offers your company a powerful real-time Identity Authentication in just seconds.

SUMMERY OF BENEFITS

• ID Verification can be deployed via Flexible API Integration or our Web based Virtual Terminal
• Does not require sensitive personal information for verification
• No storage of sensitive personal information
• Create your own approval rules
• Access to All Transaction Data via our Proprietary Web Interface
• Compliant with SSN Act, Customer Privacy Act, DPPA, FCRA, Graham Leach-Bliley Act ,COPA and COPPA

• OFAC Integrated Search Included

 

The IDMatch+Plus Knowledge Based Identity Verification Solution is designed to verify an individual’s identity with “out of wallet” challenge questions, further assuring that your organization is compliant with FACTA Regulations. IDMatch+Plus offers an added layer of consumer challenge with rotating Knowledge Based Historical Question Sets.

 

IDMatch+Plus is accessible via our web based virtual terminal at a moment’s notice as an onsite enhanced Authentication Solution; or easily integrated into your existing website. The system is designed to custom fit your needs allowing the number of questions to be changed from a set of 2 or 4 and allowing you to build your own business rules for adjudication. The system scans billions of public records to locate and verify your potential customer’s identifying information. This service offers your company a powerful real-time Identity Authentication in just seconds.

 

Information published on this site is of general applicability and is not intended to be relied on as a complete and accurate interpretation of the law for any person or entity.  By virtue of this publication, we are not providing legal, accounting or other professional advice for specific companies or financial institutions.  Please consult your legal or compliance adviser before taking any action on information contained herein.