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Ratings and Reviews 0 Ratings
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What is LexisNexis Instant Age Verify?
In all transactions—whether online, via phone, or in person—that involve age-restricted products and services, it is vital for businesses to perform comprehensive due diligence to verify the identities and ages of their clients, regardless of how the purchase is made. LexisNexis® provides robust identity verification and authentication solutions that help ensure businesses operate in a secure, safe, and profitable environment. While the digital marketplace can significantly boost revenue for companies, it also brings forth added challenges, as the verification processes for online and offline transactions vary considerably. The importance of confirming a customer's age is paramount when dealing with goods intended exclusively for adults, as any mistakes in these transactions can have serious consequences. Compliance with age-related laws is essential not only for legal reasons but also for upholding a company's reputation and fostering trust among its customers. Therefore, investing in reliable verification methods is an indispensable step for businesses aiming to navigate the complexities of age-restricted sales effectively.
What is Bynn?
Bynn stands out as a pioneering platform dedicated to identity verification and fraud prevention, leveraging artificial intelligence to refine compliance protocols like KYC, KYB, and AML by efficiently validating individuals and organizations globally through instantaneous risk assessments. The platform boasts the ability to identify and extract data from an extensive selection of over 14,000 identity document types from more than 200 countries, utilizing advanced techniques such as real-time document capture, precise facial recognition, and liveness detection to combat deepfake technology. In addition, it employs AI-based forensic techniques to detect any potential signs of manipulation, forgery, or synthetic identities, ensuring a high level of security. The automation capabilities extend to the verification of businesses, facilitating the onboarding process through smart document ingestion, ownership verification, and automated compliance decisions, all while allowing for human oversight when deemed necessary. Bynn also guarantees ongoing AML checks, detects proxy and anonymous IP addresses, confirms ages and utility bills, and incorporates an advanced customer risk profiling system designed to counteract evolving fraudulent tactics, enhancing conversion rates by reducing unnecessary drop-offs during the verification stages. This thorough methodology empowers businesses to stay responsive to shifting compliance requirements and emerging threats, ultimately fostering a more secure and efficient environment for identity verification. Additionally, Bynn's commitment to innovation ensures that it remains at the forefront of the industry, continuously adapting to the changing landscape of digital security.
Integrations Supported
API Availability
API Availability
Has API
Pricing Information
Pricing not provided
Pricing Information
Pricing not provided
Free Trial Offered?
Supported Platforms
SaaS
Supported Platforms
SaaS
Customer Service / Support
Web-Based Support
Customer Service / Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Training Options
Documentation Hub
Online Training
On-Site Training
Company Facts
Organization Name
LexisNexis Risk Solutions
Date Founded
1997
Company Location
United States
Company Website
risk.lexisnexis.com/products/instant-age-verify
Company Facts
Organization Name
Bynn
Date Founded
2003
Company Location
United States
Company Website
www.bynn.com
Categories and Features
Age Verification
Not specified
Categories and Features
Address Verification
Not specified
Age Verification
Not specified
AML
Not specified
Bank Verification
Not specified
Fraud Detection
Not specified
Identity Verification
Not specified
KYB (Know Your Business)
Not specified
KYC
Not specified
Phone Verification
Not specified