ExpectID® Global - Mexico Identity Verification for Mexico Drive Revenue. Deter Fraud. Meet Compliance. In today’s growing global economy, an organization’s customer base is no longer simply regional, or even national - it is international. ExpectID Global provides international businesses with robust identity processes and an on-demand fraud prevention platform that will increase approval rates while lowering overall costs and improving manual review inefficiencies.
Advantages You Can Expect: • Drives revenue through faster transaction approval • Decreases costs through reduced manual processes • Protects businesses from fraud • Helps meet compliance regulations • Improves customer satisfaction • Provides detailed reporting • Safe-Harbor certified • Complete and flexible control of the proofing process
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Account Origination
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Account Updates
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Password Resets
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High Risk Transactions
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In-Person Transactions with High Verification Needs
ExpectID Global provides international organizations with a comprehensive and flexible identity verification and fraud prevention platform. It is designed to offer a safe, reliable way to validate an identity and ensure transactions move forward faster and without manual intervention – on an international level.
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High Dollar Purchases
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Fulfill Promotional Requests
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Age-Restricted Commerce
Through a quick, behind the scenes process, ExpectID Global gives you the confidence to know that your customers are who they say they are through a friendly, non-intrusive approach that minimizes friction and improves customer experience. The platform’s dynamic, on-demand features allow organizations to make quick and real-time configuration changes, giving complete control over the proofing process.
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Claims Processing
What is ExpectID Global?
Prevent Fraud: • Receive more than simple “Match/Match” or “Pass/Fail” results • Analyze the composition of an identity • Gain better insight into the risks associated with an ID • Dynamic decisioning to identify and deter fraudulent activities
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ExpectID® Global - Mexico Step One:
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Basic customer information, such as name & address, is input into the system. You also have the option to include additional information based on business requirements.
ExpectID Global conducts an analytical search on selected data sources to return a result, including any identity discrepancies it finds.
The returned identity is checked for fraudulent activity, applying a set of fraud detection analytics to help minimize risk and loss.
Depending on the results and your business rules, the transaction can be approved, failed or escalated to a Photo ID Scan session through IDology’s ExpectID Scan and ExpectID Scan Verify solution.
Meet Compliance & Due Diligence Regulations Maintain compliance with KYC regulations set forth by the Financial Action Task Force (FATF) and Comisión Nacional Bancaria y de Valores (CNBV, National Banking and Securities Commission). Regulations such as Mexico’s Ministry of Finance Prevention and Identification of Transactions from Illegal Funds (Ley Federal para la Prevención e Identificación de Operaciones con Recursos de Procedencia Ilícita) provide guidance for organizations to take a risk-based approach to KYC and AML guidelines. ExpectID Global allows you to meet compliance guidelines with advanced reporting and watch list features. Due diligence requirements for individuals vary by transaction type and industry in Mexico. They can include verifying Code of Tax Payer Registration (RFC), CURP Code, nationality, customer name, date of birth, address and in some instances driver’s license, or passport. ExpectID Global helps you quickly verify these identity attributes to help you maintain the level of due diligence set forth by your organization.
Reduce Fraud & Manual Reviews ExpectID Scan and Scan Verify - IDology’s patent-pending ExpectID Scan and ExpectID Scan Verify solution provides document review from over 100 countries globally. Manual documentation review processes can be extremely labor-intensive and costly. IDology’s ID Scan and Verify technology allows customers to easily evaluate and approve Photo ID’s as part of their overall automated identity proofing process in order to drive revenue, reduce fraud and meet compliance. Global GeoTrace - With Global GeoTrace, you can further reduce fraud by knowing how and where customers are conducting transactions. Global GeoTrace verifies the proximity and legitimacy of an IP address from anywhere in the world to help sharpen your focus on suspicious transactions. About IDology IDology, Inc. provides real-time technology solutions that verify an individual’s identity and age for anyone conducting business in a consumer-not-present environment to help drive revenue, decrease costs, prevent fraud and meet compliance regulations. © 2014 IDology Inc. ExpectID is a trademark of IDology Inc.
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Schedule a Demo Today! Call: (866) 520-1234 Email: info@IDology.com Web: www.IDology.com