Fraud & Identity
Equifax’s Fraud and Identity solutions help businesses to conduct comprehensive due diligence with new customers and suppliers, by accurately verifying the identity of individuals electronically or face-to-face, and assessing fraudulent activity.
Market Overview
As regulations evolve and compliance requirements increase, it is becoming more important for New Zealand businesses to put streamlined identity and fraud processes in place. With more businesses needing to meet Anti Money Laundering/Know Your Customer (AML/KYC) compliance obligations, we can assist with time and cost-efficient solutions - solutions tailored to your individual business needs ensuring you meet regulations.
Here is how our solutions can help:
- On-board customers faster
- Reduce friction associated with onboarding processes
- Increase customer facing time
- Reduce operational expense of manual checking and filing
- Support ongoing customer due diligence (OCDD), AML/CFT and KYC obligations
- Reduce write-offs from fraudulent transactions
- Integrate our tools with your existing systems to speed up application processes and improve customer experience.
Products
Driver Licence Verification
Driver Licence Verification is a cost-effective tool to instantly confirm the accuracy of the driver licence details presented by a customer.
Identity Onboard
Identity Onboard is a web portal that verifies an individual’s identity via multiple, independent data sources.
Identity Plus
Identity Plus can assist in optimising your customer acquisition process while helping to address your KYC obligations under the AML/CFT legislation.
LicenceCheck
A LicenceCheck provides access to the New Zealand Transport Agency’s (NZTA) Driver Licence Register as a source of identity verification.
Passport Verification
Passport verification provides real-time confirmation of the details held within a New Zealand passport.
Key Benefits
Here’s how our fraud and identity solutions can help
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Faster on-boarding
On-board customers faster
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Minimise friction
Reduce friction associated with onboarding processes
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More customer focus
Increase customer facing time
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Reduce operational expense
Reduce operational expense of manual checking and filing
-
Better due diligence
Support ongoing customer due diligence (OCDD), AML/CFT and KYC obligations
-
Reduce write-offs
Reduce write-offs from fraudulent transactions
-
System integration
Integrate our tools with your existing systems to speed up application processes and improve customer experience
Contact an Equifax specialist
Call or email us today to see how our fraud and identity solutions can help your business.
Our Customers
Companies using Veda's solutions
