InstantID® CIP
If your business is required to maintain a Customer Identification Program (CIP), you need an authentication solution that's fast and reliable.
Total identificationInstantID CIP verifies and validates the identities of both businesses and consumers and confirms essential personal information such as name, address, date of birth, and social security or tax identification number. Billions of records and thousands of independent data sources are searched in order to provide the best and most accurate result.
Comprehensive risk assessment InstantID CIP alerts you to any indicators of identity theft or fraud. It identifies potentially high-risk data elements—such as prison addresses, campground addresses, disconnected phone numbers, and the social security numbers of deceased persons—and summarizes the results in an easy-to-interpret verification index and a FraudDefender® score. It also performs an automatic check of the Office of Foreign Assets Control (OFAC) list of known terrorists.
Complete complianceBuilt in close coordination with financial institutions, InstantID CIP was designed to streamline the compliance process. Its robust compliance tools include complete data archives and personalized disclosure notices. Its comprehensive search and reporting capabilities can be customized to meet your organization's policy, and can also capture legal documents and information. Its easy-to-use case management tools make account tracking simple. InstantID CIP can also conduct both FinCEN 314(a) and Money Service Businesses (MSB) List searches.
LexisNexis® InstantID CIP is a turnkey solution for your Customer Identification Program.
Smart, customizable, and auditable results As it searches for information, InstantID CIP alerts you to any potential data mis-keys and returns a list of suggested corrections. It also returns alternatives for any elements that cannot be verified.
InstantID CIP is not a consumer reporting agency as such term is defined in the federal Fair Credit Reporting Act, 15 U.S.C. §1681, et seq. ("FCRA"). InstantID CIP reports do not constitute consumer reports as such term is defined in the FCRA, and accordingly InstantID CIP reports may not be used to determine eligibility for credit or for any other purpose provided for in the FCRA.
Extend the power of InstantID CIP with the following:
InstantID®
Prevent fraud and identity theft before they strike your organization
InstantID® Q&A
For automated query-based identity verification
Customer Due Diligence Solution
Assess customer risk and manage compliance regulations
Anti-Money Laundering Solutions
Streamline investigations and perform due diligence research
InstantID CIP is the most advanced identity verification and USA Patriot Act compliance tool available.
How can we help your company? For more information about our solutions call (800) 869-0751 or email us now
