Experian strengthens global identity verification

From: Experian
Published: Tue Jun 25 2013

The global credit information company Experian has announced an international expansion to its identity checking services.

Danish CPR information - personal tax numbers - has been added to the Experian Prove-ID platform as well as name, address and date of birth validation for 100 per cent of the population. Meanwhile, data from the Netherlands, including credit reference details which cover 85 per cent of the Dutch population over the age of 18, has also been added to the identity checking tool.

This means that businesses wishing to trade or offer age-restricted products in these locations can adhere to global compliance requirements, while at the same time protect their organisation from fraud and money laundering. The breadth and depth of Experian’s data aims to not only improve match rates but also help businesses acquire customers quickly and easily, which in turn will support their international growth and expansion.

With the addition of these two countries, Experian now enables its cross-border clients to make a decision on the authenticity of a customer's personal details in seven markets which include the US, UK, Germany, Sweden and Canada

David Campbell, Director of ID and Fraud for EMEA, Experian Decision Analytics, said: "Building on our existing expertise in fraud prevention and our identity verification service, the addition of Denmark and the Netherlands to our global fraud identity platform demonstrates our focus on delivering a truly international service, checking customer identity in real-transaction time.

"The breadth and depth of our data is unparalleled and this means we can enable businesses across the globe to comply with global requirements, acquire customers quickly and easily and, at the same time, prevent fraudsters from realising any material gains."

The Prove-ID verification platform is designed to help satisfy organisations' requirements to comply with international regulators and address the issue of identity risk. The platform allows users to authenticate customer identities using personal information such as name, address, age, driving license and passport details to ensure that identity verifications are accurate and robust. 

The service is used by banking, insurance, finance companies and retailers to fulfil their identity verification needs to help stop fraudulent applications, prevent money laundering and to be confident in the identity of individuals that they interact with.

The gaming industry also uses this platform to reduce its exposure to risk, identify potentially fraudulent players, ensure accurate age and ID verification; and combat anti-money laundering.

About Experian:

Experian is the leading global information services company, providing a payment gateway, and data and analytical tools to clients around the world. The Group helps businesses with fraud investigation, managing credit risk, target marketing offers and business analytics. Experian also assists individuals with credit card protection. Protect your business from fraud and money laundering with Experian.

Company: Experian
Contact Name: Chantal Heckford
Contact Email: enquiries@pr-sending.co.uk
Contact Phone: 020 7490 8828

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