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What is Veratad IDResponse?

Veratad provides comprehensive identity verification services that help businesses ensure compliance, prevent fraud, and streamline their onboarding processes. It is crucial for online companies to protect themselves from potential fraud, legal challenges, and regulatory penalties. Our IDResponse® platform serves as a flexible solution for authenticating customer identities. By leveraging the data you already collect from customers, along with rigorous document checks and biometric information, we make the onboarding process smoother, thus protecting your organization while reducing hassle for customers. You can instantly verify identities with various methods at your disposal. The traditional method, which involves matching customer-provided personal details with established databases, is frequently the most effective and cost-efficient option. For organizations that require greater flexibility or increased confidence, we also provide advanced verification techniques tailored to meet a range of needs and objectives. This approach not only fortifies your organization's security but also ensures a fluid experience for your clients, enabling you to build trust and foster long-lasting relationships.

What is Experian Identity Verification?

The landscape of identity and fraud is changing swiftly, influenced by shifting consumer expectations, technological innovations, and an increase in identity-related crimes and account breaches. Businesses must navigate the delicate balance between mitigating fraud risks and providing quick, seamless experiences for their customers. According to our 2020 Global Identity and Fraud Report, a significant 88% of consumers express positive sentiments towards companies that focus on improving customer experience, especially in terms of security; however, a noticeable gap exists as 95% of businesses believe they can effectively identify their customers, while only 55% of consumers feel recognized. To improve the customer experience, organizations should implement lower-friction identity verification methods and aim for higher approval rates for trustworthy, verified clients. Furthermore, companies can achieve substantial cost efficiencies by utilizing step-up authentication selectively, applying it only when further verification is genuinely warranted. Addressing these concerns is crucial not only for enhancing customer satisfaction but also for building lasting trust in the marketplace. Ultimately, a proactive approach to identity management can significantly benefit both consumers and businesses alike.

Media

Media

Integrations Supported

ABLE Platform
Ekata
GBG Identity Verification
Intuit Field Service Management
Pinewood DMS
RegTechONE
Shift4Shop
Testing Pays
TruNarrative
VERIFi

Integrations Supported

ABLE Platform
Ekata
GBG Identity Verification
Intuit Field Service Management
Pinewood DMS
RegTechONE
Shift4Shop
Testing Pays
TruNarrative
VERIFi

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Veratad

Date Founded

2006

Company Location

United States

Company Website

veratad.com/solutions/identity-verification/

Company Facts

Organization Name

Experian

Date Founded

1990

Company Location

United States

Company Website

www.experian.com/decision-analytics/identity-management

Categories and Features

Categories and Features

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