Trust the expertise of the industry pioneer in optimal Customer Identification Program compliance
Your Customer Identification Program (CIP) is the crux of a strong financial crime compliance program and the starting point for revenue-generating customer relationships. You cannot afford the risk exposure from doing business with a bad actor. You also cannot afford disruptions to the customer experience caused by unnecessary friction and delays. How can you meet these objectives, maintain CIP compliance and maximize new account growth?
LexisNexis® Risk Solutions delivers a robust Customer Identification Program (CIP) offering that enables your business to set a strong foundation for CIP and Know Your Customer (KYC) compliance that streamlines customer acquisition and new account workflows. Our CIP solutions instantly connect leading financial institutions and credit unions to expansive risk information from over 78 billion public and proprietary records covering 95% of the U.S. adult population, including entities with limited credit and financial histories. Our CIP offering helps your business instantly complete identity verification and validation processes and quickly isolate consumers and business entities with potential sanctions, money laundering, Politically Exposed Persons (PEP) and enforcement risk.
Make more informed decisions and minimize risk by:
Prioritize compliance with industry-proven CIP solutions
LexisNexis® Risk Solutions has been at the forefront of Customer Identification Program (CIP) compliance for over 18 years. Our solutions combine this unmatched, longstanding expertise with the latest technology and advanced analytics to deliver industry-leading identity verification. Our locate rates help leading financial institutions and credit unions stay ahead of evolving laws and compliance requirements. With access to over 1,500 watch lists, our solutions connect your business to risk intelligence that supports stronger compliance with:
Connect to expansive data coverage tailored to your risk tolerance
Our customized Customer Identification Program (CIP) solutions are designed to fit within the parameters of your acceptance workflows and scoring limits. We offer a complete range of solutions to meet specific business needs and risk tolerances so you can quickly verify customers and focus on valuable transactions: LexisNexis® InstantID®, LexisNexis® Flex ID® and LexisNexis® InstantID® Business.
Our solutions deliver cost-effective access to multiple sources of risk intelligence built with expansive coverage of:
The combination of our comprehensive data coverage with advanced analytics powered by LexID® helps our solutions synthesize disparate data sets and intelligently examine data interconnections to provide actionable identity insight. This level of detail enables financial institutions and credit unions to quickly verify the true identity of new customers and confidently keep transactions in motion.
By accessing our solutions in real-time or via batch, you can confidently increase verification rates with the benefits of:
Our superior coverage translates into higher locate rates and relevant results that enable financial institutions and credit unions to quickly make risk-based decisions and automate verification—without disrupting critical new account and onboarding workflows.
Meet multiple expectations with a more efficient CIP workflow
Balancing customer expectations with expanding compliance demands requires a responsive and efficient CIP workflow. Our Customer Identification Program offering leverages comprehensive identity and business content, sophisticated linking technology and advanced analytics to support a more effective CIP program that seamlessly integrates into critical new account, customer management and compliance workflows. Speed up customer verification and strengthen critical due diligence efforts with intuitive, easy-to-use tools and indexes that can enable your business to efficiently:
Our industry-proven Customer Identification Program offering quickly returns consumable risk intelligence that fortifies risk-based decisions, automates identity verification and validation and keeps key resources focused on revenue-generating transactions.
Trust an industry legacy and leader in CIP innovation
By choosing our Customer Identification Program (CIP) solutions your business is working with an industry innovator who delivers the powerful combination of an established legacy of Customer Identification Program (CIP) expertise and leading-edge analytics and technologies. Our flexible and cost-effective CIP offering optimizes new account, customer management and compliance workflows so you can speed customer acquisition, complete more transactions and concentrate on core business objectives.
Protect against money-laundering, fraud and non-complianceLearn More
Streamline regulatory compliance, protect your business and increase revenueLearn More
Access Critical Business Intelligence and Nationwide Courthouse CoverageLearn More
Raise the effectiveness of critical due diligence workflows with targeted illustrative reportsLearn More
Verify the business and its authorized agents... without awkward pausesLearn More
Complete identity verification, spot fraud and uncover identity discrepancies in real timeLearn More
Verify and onboard new clients with accuracy and confidenceLearn More
Identify undisclosed relationships between individuals and businessesLearn More
Manage fraud and risk with accuracy and speedLearn More
Protect your portfolio while preserving profitabilityLearn More