InstantID®

Speed identity verification while defending against risk

LexisNexis® InstantID® provides robust identity coverage that helps increase verification rates and support informed decisions to help your business:

• Accelerate customer acquisition
• Strengthen Customer Identification Program (CIP) compliance
• Mitigate risk exposure
• Minimize exceptions and discrepancies
• Reduce operating costs

By harnessing the power of the LexisNexis identity repository and our proven scoring and analytic technologies, InstantID provides a strong foundation for Know Your Customer (KYC) and Customer Identification Program (CIP) programs. With tools to help minimize exceptions, support deeper due diligence and protect against compliance and fraud risks, InstantID positively impacts the customer experience and your overall success.

Simplify compliance with critical regulations

By delivering access to the industry’s most robust identity database, InstantID simplifies compliance with Section 326 of the USA PATRIOT Act. InstantID automates watchlist checking and searches a comprehensive set of global terrorist watch lists, including the Office of Foreign Assets Control (OFAC), Politically Exposed Persons (PEPs) and others. A succinct report provides an easy-to-interpret index that summarizes the level of verification, highlights potential risk indicators and delivers additional verification information to support enhanced due diligence efforts.

Leverage deeper identity insight

InstantID is a powerful and effective identity verification product that when combined with other validation fraud detection tools can instantly provide deeper insight into identity fraud. With access to the industry’s most robust database, you can instantly connect to aggregate information from over 83 billion public and proprietary records that cover 95% of the U.S. adult population, including entities with limited credit and financial histories. We deliver analytics backed by LexID®, our proprietary advanced linking technology that synthesizes disparate data sets and intelligently examines data interconnections to provide meaningful identity insight and help uncover indicators of potential fraud.

Verification and validation

The LexisNexis® InstantID® identity verification solution verifies essential personal information such as name, address, date of birth or social security. It searches billions of records and thousands of independent data sources in order to quickly provide valuable information on the identity.

Comprehensive risk assessment 

InstantID® 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 social security numbers of deceased persons—and summarizes the results in an easy-to-interpret verification index and a LexisNexis® FraudPoint® score. This identity verification solution can be configured to also perform an automatic check of the Office of Foreign Assets Control (OFAC) list of known terrorists.

Streamline discrepancy resolution 

InstantID helps reduce identity verification failures and delays from mis-keys with intelligent tools that automatically flag mis-keyed information and return corrected data. Support faster discrepancy resolution with access to multiple levels of detailed information, including name variations, such as marriage, with dates of changes, and address variations with dates associated.

Red Flags Rule Report

The LexisNexis® Red Flags Rule Report can help comply with the FACT Act Identity Theft Red Flags Rule. Use it to reveal patterns, practices, and suspicious activities that may indicate the possibility of identity theft.

Helps reduce compliance risk and prevent losses due to identity theft
Identifying and acting on instances of identity theft is no longer “just another Customer Identification Progam (CIP) policy”—it’s the law. Our Red Flags Rule Report is one tool that can keep you on the leading edge of identity theft prevention.

Red flag alerts warn you of suspicious activity
With warning conditions, or red flag alerts, clearly associated with red flags guidelines, you’re alerted to suspicious personal information like false or disconnected telephone numbers, mis-keyed or mismatched social security numbers, invalid zip codes, security freezes and more.

Office of Foreign Assets Control (OFAC) Screening

We offer an efficient, cost-effective way to make sure that your business is fully compliant with OFAC sanctions screening regulations.

Streamline your OFAC compliance
Our OFAC sanctions screening’s advanced search capabilities quickly and automatically scan your customer names and alert you to any potential matches. It investigates former names, aliases or anything else in a customer’s record that might indicate a risk.

Search for International alerts
Our OFAC sanctions screening allows you to scan customer names against International watchlists like the Bank of England List and the Bureau of Industry and Security (BIS) Export Control List.

Get it now: For more information about LexisNexis® InstantID®, call 1-800-953-2877.