With 53% of fraud offenders having prior convictions, relying solely on identity verification falls short in combating fraud and harm effectively.
In today’s digital age, the line between online and offline interactions has blurred, leading to increased risks of fraud, financial loss, and even physical harm. With a surge in platform-enabled crime and fraud, and the rise of synthetic identities and deepfake technologies, businesses need robust solutions to protect their platforms and users. The stakes are high, and the need for effective identity verification has never been more critical.
Introducing Checkr Trust Identity Checks
Checkr Trust is proud to launch a suite of identity checks designed to verify identities for fast and secure onboarding, as well as high-risk transactions.
PII Validation
PII Validation instantly verifies user information against a vast database of authoritative sources, covering 99% of U.S. mainstream populations. Checkr Trust screens the user’s Personally Identifiable Information (PII) collected during onboarding, verifies the information, and then provides match scores with relevant contextual information. PII Validation effectively identifies false identities and minimizes user drop-off rates through real-time frictionless verifications, making it ideal for customer onboarding, and Know Your Customer (KYC) or Customer Identification Program (CIP) compliance.
Biometric and Document Verification (DocV)
DocV authenticates government-issued IDs and facial biometrics to ensure only customers with valid documents can access your services, reducing risk and fraud on your platform. Checkr Trust leverages best-in-class image capture technology, liveness detection, and advanced document forensics to ensure that the user is who they say they are and that their identification documents are real. Users can complete this flow in under a minute on their mobile devices. Results are returned in seconds with 95% conclusive outcomes. DocV provides the accurate and precise identity verification necessary in high-risk transactions, two-sided marketplaces, and age-restricted use cases.
Identity verification alone is not enough
While identity verification is crucial, it’s not enough to stop bad actors from causing harm. Knowing the identity of your customer is not enough information to determine whether they should have access to your services. To truly understand risk, businesses need to layer an additional risk signal: criminal record screening. This is the most effective way to identify a propensity for fraud and risk. The United States Sentencing Commission found that over half (52.4%) of fraud offenders had at least one previous conviction. Traditional IDV cannot help you with that.
Partner with Checkr Trust for enhanced risk management with comprehensive identity and criminal data integration
Unlike other KYC or identity verification solutions who merely offer identity checks and occasionally global watchlist data, Checkr Trust stands out as the only provider with instant and comprehensive access to criminal data and public records. Checkr Trust’s differentiation comes from its proprietary database of over 2,400 direct-to-source data, exclusive access points and automated data retrieval. This includes criminal data, arrest data, warrant data, sex offender registries, and security watchlists. By integrating criminal and public record screening with identity verification, we help provide a holistic view of your users and strategic risk management.
Checkr Trust powers over 10 million checks per month, helping businesses identify potential risks. We’re excited to help companies consolidate identity verification and criminal screening into one experience, transforming fragmented checks into one effective risk management solution that reduces fraud, financial risk, and harm.
Secure your spot now for the Checkr Trust Demo Day and discover how to effectively mitigate hidden risks in your business.
– Michele Casertano, Vice President, Checkr Trust
