Knowing Your Customer vs. Matching Credentials – A New Paradigm for ID Verification

Identity theft and new account fraud go hand-in-hand, and the problem continues to grow with an explosion of data breaches making personal information – including addresses – more widely available than ever before. Unfortunately, traditional ID verification (IDV) solutions that rely solely on …

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Date Posted: December 6, 2016 Author: Jack Sundstrom Category:   Featured, IDI Blog,

The New Accounts Desk of the Future

Opening up a new checking or savings account at a bank or credit union has been and remains a common and fairly simple process. Typically, the consumer fills out an application and provides identification such as a driver’s license. Then …

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Date Posted: April 19, 2016 Author: Adam Elliott Category:   Featured, IDI Blog,

Credit Application Address Discrepancies: Separating the wheat from the chaff

“Separating the wheat from the chaff” is an old expression that describes situations where you want to keep things of high quality and discard things of low quality. In this old-time idiom, the wheat is the good stuff and the …

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New Credit App Address Discrepancies: Why Throw the Champagne Out with the Cork?

Thanks to Zoot for publishing this blog! http://www.zootweb.com/blog/index.php/credit-app-address-discrepancies-throw-champagne-cork/1714/

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Date Posted: May 22, 2013 Author: Category:   Featured, IDI Blog,