Complete identity verification, spot fraud and uncover identity discrepancies in real time
Growing your business while satisfying Customer Identification Program (CIP) regulations demands the ability to make effective and efficient decisions on prospective customers.
LexisNexis® InstantID® delivers instant identity verification to drive smarter decisions and keep customer acquisition in focus.
Speed identity verification while defending against risk
LexisNexis® InstantID® provides robust identity coverage that helps increase verification rates and support informed decisions to help your business:
- Accelerate customer acquisition
- Strengthen compliance
- Mitigate risk exposure
- Minimize exceptions and discrepancies
- Reduce operating costs
By harnessing the power of the LexisNexis identity repository and our proven scoring and analytic technologies, InstantID provides a strong foundation for KYC and CIP programs. With tools to help minimize exceptions, support deeper due diligence and protect against compliance and fraud risks, InstantID positively impacts the customer experience and your overall success.
Simplify compliance with critical regulations
InstantID is the only identity verification solution that has been endorsed by the American Bankers Association (ABA). By delivering access to the industry’s most robust identity database, InstantID simplifies compliance with Section 326 of the USA PATRIOT Act. InstantID automates watchlist checking and searches a comprehensive set of global terrorist watch lists, including the Office of Foreign Assets Control (OFAC), Politically Exposed Persons (PEPs) and others. A succinct report provides an easy-to-interpret score that summarizes the level of verification, highlights potential risk indicators and delivers additional verification information to support enhanced due diligence efforts.
Combat identity fraud with deeper identity insight
InstantID combines powerful and effective identity verification, validation and fraud detection tools to instantly authenticate businesses and individuals. With access to the industry’s most robust database and the LexisNexis® Customer Network, you can instantly connect to aggregated information from over 37 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 and help uncover indicators of potential fraud.