Identity
Verification

FCA Authorised, ICO Registered

The Problem

Throughout every sector in financial services the need to verify identity is of paramount importance.

KYC and AML laws are stringent, with significant penalties facing those who do not follow them.

In the lending sector fraud is commonplace, often enabled by legacy systems. These are built upon outdated methods of verifying identity, such as document verification that requires human analysis, leaving room for partial or misleading representation of an individual.

The Solution

The problems surrounding identity in financial services are irradicated when bank data is introduced.

The threat of third-party fraud is instantly removed by verifying identity through bank account connections. Verifying identity in this capacity gives any business confidence in who they are dealing with, whether that be with a new loan applicant, or verifying the identity of a new employee.

Instantly Verify your Customers Identity

Using DirectID Bank Account Verification, any business can instantly verify the identity of an individual, and further, ensure the person they are talking to is the person receiving the payments. We use direct bank data access to check if the name and account details provided to you match the bank’s records. This is proceeded by a simple 30 second process whereby the individual seamlessly connects their online bank account.

Verify an applicants data in seconds through bank data.

Ensure the person you are talking to is the person receiving the payments.

A seamless simple 30 second process for your customers.

Connect your customers online bank account.

Instantly remove the threat of fraud by using bank data.

Give your business confidence in its ID Verification process.

Transportation Services

A global transport services company required a standardised process for verifying the identity of drivers in multiple countries. They embedded DirectID Connect into their onboarding journey in several of the European countries they operate in. Now, using the Bank Account Verification solution, the company can instantly verify the identity of both existing drivers and any new drivers that the company onboards.

"The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect "

James Varga, CEO, DirectID

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