Consumer Instant ID
Complete identity verification
Growing your business while satisfying Customer Identification Program (CIP) and KYC regulations demands the ability to make effective and efficient decisions on prospective customers. You need access to a product with sophisticated, robust identity coverage and more accurate data that supports informed decisions and minimizes risk exposure. LexisNexis InstantID is a flexible, configurable solution that allows you to verify consumer information and seamlessly fit into acceptance workflows and scoring policies.InstantID delivers an intuitive, easy-to-interpret index that summarizes the level of verification, highlights potential risk indicators and provides additional consumer verification information to strengthen due diligence efforts. By supporting faster, well-informed customer decisions InstantID creates an efficient route to increased revenue. Maximize growth with comprehensive identity coverage InstantID has the unparalleled ability to keep up with today’s consumer population and provide the highest verification rates. We deliver seamless access to the industry’s most robust database that instantly connects you to aggregated information from over 88 billion public and proprietary records that cover 95% of the U.S. adult population, including entities with limited credit and financial histories. We deliver analytics backed by LexID®, our proprietary advanced linking technology that synthesizes disparate data sets and intelligently examines data interconnections to provide meaningful identity insight. InstantID also provides automated watch list screening through searching a comprehensive set of global watch lists, including the Office of Foreign Assets Control (OFAC). Finding new customers to grow your business is difficult—InstantID delivers a more complete picture of your applicant to help maximize business growth.
Features
Benefits
Features
Verification and validation
The LexisNexis® InstantID® identity verification solution verifies essential personal information such as name, address, date of birth or social security. It searches billions of records and thousands of independent data sources in order to quickly provide valuable information on the identity.Comprehensive risk assessment
InstantID® identifies potentially high-risk data elements—such as prison addresses, campground addresses, disconnected phone numbers and social security numbers of deceased persons—and summarizes the results in an easy-to-interpret verification index and a LexisNexis® FraudPoint® score.Streamline discrepancy resolution
InstantID helps reduce identity verification failures and delays from mis-keys with intelligent tools that automatically flag mis-keyed information and return corrected data. Support faster discrepancy resolution with access to multiple levels of detailed information.Benefits
Reduce manual reviews
Spot and correct mis-keyed information
Streamline discrepancy resolution
Uncover potential customer risk
Understand digital identity risk