Achieving business success hinges on economic factors. The rising threat
of synthetic identity fraud is causing financial strain on companies.
VerifiScan™ offers an effective solution to address these
challenges, only requiring a modest investment starting at
Enhance the security of your digital realm by integrating an optical card reader with QR codes and webcam cabilities into your digital application. This cost-effective yet powerful technology serves as an effective deterrent against ID fraudsters, making it an ideal solution for e-commerce sites.
Improve your fraud defense with a sleek and durable iPad kiosk equipped with AI-driven ID and Synthetic fraud deterrent software. This advanced system scans IDs or driver's licenses, and when potential exploits are detected, the extracted data is clearly communicated, eliminating the need for second-guessing the results.
1OO + VariableDetection
VerifiScan™ offers a robust solution for preemptively detecting customers with dubious identities before initiating the sales process. Synthetic identity fraud, at its core, involves the illicit acquisition of a valid Social Security Number, leading to the creation of a fictitious persona complete with a manufactured facial identity and an artificially inflated credit history, often featuring elevated FICO scores.
- The data extracted from the driver's license is securely transmitted to TransUnion's database for rigorous synthetic verification.
- VerifiScan™ swiftly identifies potential fraud upon the presentation of a driver's license and promptly triggers a pass/fail alert for immediate attention.
- The system reports the identified type of synthetic identification fraud to the manager's portal through a scoring system. A score ranging from 700 to 800 serves as a red flag, signaling potential trouble or a high alert, advising caution against engaging in monetary transactions with the flagged individual.
Enter your secured PIN, and scan the document front and back. The data extracted or analyzed by looking at over 100 variable to find irregularities.
Using an A.I technology can analyze 5x the speed against any legacy synthetic ID fraud deterrent solution in the market. See the result instantly with simple pass/fail indicators.
If the document fails after the verification process, you can identify the attributes where the document failed along with a heatmap.
