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Description
Expanding your business while adhering to Customer Identification Program (CIP) regulations requires the capability to make timely and insightful choices regarding potential clients. Achieve complete identity verification, detect fraudulent activity, and identify inconsistencies in identities instantly. LexisNexis InstantID serves as a customizable identity verification tool that empowers you to confirm consumer details, facilitating smarter decision-making and maintaining a focus on customer acquisition. For verifying business identities, refer to LexisNexis InstantID Business. By leveraging the vast LexisNexis identity database along with our established scoring and analytical systems, InstantID establishes a robust basis for Know Your Customer (KYC) and Customer Identification Program (CIP) initiatives. With functionality designed to reduce exceptions, enable thorough due diligence, and safeguard against compliance and fraud challenges, InstantID enhances both the customer experience and your overall business success, ensuring that your company remains competitive in a rapidly evolving market. This integrated approach not only streamlines verification processes but also fosters trust and reliability in your customer relationships.
Description
Making lucrative choices relies heavily on a deep understanding of your clientele. When a potential customer expresses interest in opening a business account or obtaining a loan, LexisNexis InstantID Business empowers you to swiftly seize the opportunity while mitigating risks. By providing immediate access to verified business information, enhanced entity linking, and sophisticated analytics, you can achieve a clear decision-making perspective that accelerates the onboarding experience, lessens customer obstacles, and optimizes approval rates through a comprehensive and precise understanding of the business and its associated individuals. Additionally, you will receive timely notifications about any "red flags" that may require further investigation. With InstantID Business, you gain a competitive edge through advanced business verification technology. It is crucial to harness the capabilities of exceptional verification to facilitate instantaneous decision-making, navigate intricate fraud and identity protocols, and avoid unforeseen risks. InstantID Business not only streamlines your processes but also equips you with the insights needed for smarter business decision-making.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
LexisNexis
Founded
1970
Country
United States
Website
risk.lexisnexis.com/products/instantid
Vendor Details
Company Name
LexisNexis
Founded
1970
Country
United States
Website
risk.lexisnexis.com/products/instantid-business
Product Features
Product Features
AML
Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List