In 2022 there were more than 34 million identity verification transactions issued by Early Warning®.
Assesses the likelihood that the applicant is presenting their true identity crednetials
✓ Data provided:
Predictive, analytical score (lower score = higher risk)
Detects synthetic or manipulated identities.
✓ Data provided:
Flags potential issues with specific pieces of personally identifiable information
Adds context to scores and indicators, enabling more informed identity risk assessments.
✓ Data provided:
Summarized attributes for each identity element associated with the inquiry
Confirms whether the applicant’s name, Social Security number and date of birth combination matches a legitimate Social Security Administration (SSA) record. Checks if the name, DOB , and SSN combo correlates to someone who is deceased or not.
✓ Data provided:
"Yes" or "No" match response
1Verify SSN does not verify identities, eliminate synthetic identity fraud or reduce fraud. Verify SSN is only available to financial services organizations.
Synthetic identity fraud is now the fastest-growing financial crime in the United States due to blind spots with traditional fraud risk models2.
NEW ACCOUNT OPENING FOR CONSUMERS
NEW ACCOUNT OPENING FOR INDIVIDUALS ASSOCIATED WITH A BUSINESS ACCOUNT
NEW ACCOUNT OPENING FOR LENDING PRODUCTS
SYNTHETIC IDENTITY SCREENING
IMPROVE THE CUSTOMER EXPERIENCE
Streamline your review of applicants with an inquiry-based real-time solution, so that customers can quickly move through your digital application process.
IMPROVE IDENTITY CONFIDENCE
A predictive model with sophisticated algorithms helps reduce false positives/negatives and detect synthetic identities.
PROTECT AGAINST
SYNTEHTIC IDENTITY FRAUD
Leverage data contributed exclusively to Early Warning® to reliably identify synthetics.
REDUCE IDENTITY FRAUD LOSSES IN REAL-TIME
Real-time access allows you to detect fraudulent identities before bad actors enter your system.
Let’s talk about how you can confidently verify consumer identities.
Leverage 30 years of experience to enhance your new accounting opening strategy.
Early Warning is the Trust Custodian® of the National Shared DatabaseSM Resource which contains a rich set of data, ensuring our information is always up-to-date.
Grow at your own pace! Access our capability bundles through a simple API. Implement once – and quickly deploy additional capabilities in a snap.
Our risk assessment algorithms incorporate comprehensive, cross-institution data sets, adding depth and perspective to insights.
DATA CONTRIBUTED BY MORE THAN 2,500 FIS INCLUDING BANKS LIKE:
Early Warning is the Trust Custodian® of the National Shared DatabaseSM Resource – which contains a rich set of deposit performance data contributed by more than 2,500 financial institutions including banks like:
