Product Spotlight: IDVerifyTM
Authenticate A Consumer's Identity In A Matter Of Seconds
In today’s environment it’s becoming increasingly important to know that the person you’re talking to or selling goods and services to is exactly who they say they are. With the help of cutting edge technology, IDVerify can assist you in determining, in real-time, the likelihood that the person you are talking to is who they claim to be, thus dramatically reducing potential losses.
IDVerify aggregates the highest quality data sources available today and combines them with sophisticated programming technology. IDVerify generates an “out-of-wallet” challenge question with multiple choice answers. The correct person answers quickly and easily without holding up the online transaction. The identity thief stumbles and finds another business to steal from.
Merchants accepting Internet-initiated transactions (WEB) will find this product particularly attractive. The NACHA Operating Rules require originators to employ commercially reasonable fraudulent detection systems to screen WEB transactions and verify the identity of the receiver (customer) before accepting an ACH debit online.
For more information about IDVerifyTM, contact ACH Direct at 866.290.5400 option 1 or info@achdirect.com.