Everyware, a trusted name in customer engagement, billing, and payments, unveiled its advanced Identity Verification Solutions suite designed to combat rising payments fraud and bolster customer confidence. The comprehensive suite, which includes Identity Match and ID Document Verification tools, delivers the essential security measures for today’s leading businesses that can be seamlessly integrated into digital transactions.
While 92% of U.S. businesses recognize the need for online customer identification strategies, an alarming 70% have observed climbing fraud losses in recent years. As cybercriminals become more sophisticated, companies and consumers expect proactive defenses in every payment experience. With today’s advanced security needs, Everyware’s new Identity Verification Solutions can be embedded into digital invoicing and payments processes, placing transactions on hold immediately if verification is not passed. These imperative solutions safeguard finances, demonstrate a business’ commitment to data security and cement customer trust.
“As cybercrime in the financial space is proliferating, businesses must take action today to protect their customers, patients and partners against loss,” said Austin Talley, Founder and CEO of Everyware. “Everyware’s augmented Identity Verification Solutions not only fortifies businesses against identity theft and fraud but also ensures a smooth, secure and consistent user experience across digital financial interactions.”
Everyware’s comprehensive suite of Identity Verification Solutions includes:
- Identity Match, which conducts instant verification against Everyware’s expansive U.S. census and credit bureau dataset. Identity Match can also be implemented as part of digital invoice payment processing, either by holding transactions where the identity is not verified or monitoring them only.
- ID Document Verification, where businesses can send a secure link via text to guide customers through a mobile interface for scanning and reviewing a customer’s identification document, such as a driver’s license, passport or state issued ID.
- Identity Liveness Check, for companies to request a real-time selfie capture for performing a biometric match against the original identification document.
SOURCE: BusinessWire