Instant Identity Verification Via Credit Reporting Agency Data
Acuant CRA combats identity fraud, improves onboarding and helps to achieve compliance by using independent Credit Reporting Agency data sources to establish confidence in a person’s identity. This is achieved by validating a person’s name and address and that the person exists.
Acuant CRA utilizes a wide range of data sources (including postal address file, electoral roll, Credit Application Previous Search [CAPS] Database) to return a set of confidence scores:
• Authentication Index – Quantifies the confidence that an identity exists
• Validation Score – Denotes the number and types of electronic proof available for an identity
• Verification Score – Confidence that the individual is who they claim to be
Key Benefits of Acuant CRA
Real time. It enables businesses to make an informed, automated, and regulatory compliant decision in a matter of seconds.
Frictionless. Checks take place in the background with no additional front-end steps added to the user journey.
Trusted. An authoritative, fully compliant source for compliance.
Flexible. Data types and counting can be adjusted depending on the clients pass requirements.
Combined AML & KYC
How Acuant CRA Works
A number between 0 – 90 showing the confidence the identity exists. 90 being the highest confidence and below 40 returning when the ID cannot be authenticated.
Shows the number and types of electronic proofs of data. This is in the range 0 – 1000, where 600+ shows at least six full proofs of the name and address.
This data check includes the number of data items and data sources found, the oldest record (to show the quality of the data found) and the calculated age.
Any high risk policy rules returned. These highlight an area of concern relating to the supplied information.