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What is eID-Me?

In the current digital environment, improving remote identity verification, mobile digital identity, and service accessibility is crucial. Organizations can significantly reduce fraud and comply with regulations by efficiently verifying customer identities. Secure digital wallets on smartphones allow for the immediate retrieval of verified identification, such as ePassports and mobile driver's licenses. This approach enhances login security, reduces user friction, and removes the need for frequent password resets. Recent advancements have encouraged government entities to hasten their digital transformation, resulting in expanded online services for citizens. In addition, the growth of telemedicine and electronic medical record systems offers valuable opportunities to improve patient care and optimize healthcare operations. The rapid rise in online shopping has made it imperative to have a well-designed and user-friendly digital storefront for business success. As travel-related tasks like planning, booking, and check-in increasingly migrate to mobile platforms, adapting to these trends has become more critical than ever. Furthermore, the integration of advanced technologies in these processes can pave the way for even greater efficiency and user satisfaction in the future.

What is Equifax Account Verification?

Account Verification plays a vital role for businesses aiming to minimize risks by ensuring that payment methods like bank accounts or credit cards are correctly associated with the consumer’s personal identifiable information. This procedure not only verifies the identity of the consumer but also guarantees that the payment method is both legitimate and properly linked to that person, which assists businesses in identifying fraudulent activities during transactions. Moreover, it helps confirm that the commercial bank account details provided by a business are accurate and genuinely related to that entity. By implementing this verification service, companies can strategically reduce risks associated with consumer identity verification tied to account numbers. This is especially important when assessing the risks linked to new account openings, loan applications, and the safety of regular online bill payments and recent purchases. Additionally, businesses can accept credit card or bank account payments for large transactions, such as vehicle down payments, with less worry about chargebacks from online purchases. As a result, this verification process significantly decreases payment-related risks associated with recurring monthly premiums and insurance claim deductibles, enhancing a secure financial atmosphere for both businesses and consumers. Ultimately, the implementation of Account Verification not only protects businesses but also builds trust among consumers in their financial transactions.

Media

Media

Integrations Supported

CREDITONLINE
Cloudsquare Credit
Delinea Privilege Manager
RegTechONE
SafeNet Trusted Access

Integrations Supported

CREDITONLINE
Cloudsquare Credit
Delinea Privilege Manager
RegTechONE
SafeNet Trusted Access

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

Bluink

Date Founded

2010

Company Location

Canada

Company Website

bluink.ca/eid-me

Company Facts

Organization Name

Equifax

Company Location

United States

Company Website

www.equifax.com/business/product/account-verification/

Categories and Features

Categories and Features

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