Experian BizID helps you verify business and/or business owner application information for accuracy and truthfulness. We draw from multiple databases to ensure accuracy, including Experian’s commercial risk information database, as well as databases with information on 22 million businesses and 220 million consumers. BizID provide you with a fraud risk score and decision to help you focus on the accounts that need additional review. Now you can further automate and streamline your application processes to reduce commercial fraud and meet financial regulatory compliance.

  

COMPLY

Meet financial compliance regulations with confidence

  

REDUCE

Cut customer acquisition costs by reducing manual review

  

PRIORITIZE

Focus on high-risk applications and accounts

BizID can help you:

 

  • Reduce your commercial acquisition costs through reducing the likelihood of fraudulent commercial applications being approved
  • Pull data from multiple sources and authenticate business and business owner name and address variations through a single inquiry
  • Set up decision strategies based on rules and parameters or generic or custom scoring to effectively prioritize your highest fraud risk accounts
  • Quickly identify application elements that have already been submitted through historical alerts to stop repeat offenders
  • Meet regulatory obligations under FinCEN Customer Due Diligence, Bank Secrecy Act, USA PATRIOT Act, KYC, ect

 

Product features

High risk result codes to determine if further business investigation is necessary to complete transaction

Web user interface generates real-time reports to verify business and beneficial supplied identity information

Returns primary business information found in Experian’s database, including type of business

Returns a single score and decision with high-risk alerts of identity elements

Applications that are referred or deemed high-risk can be sent for further business investigation

Flexibility to preset risk thresholds and automate decisioning policies

 

Give us a call at 888-727-8330 or complete the form below.

  • Submit

Sample Title*$*Sample Description*$**$*en_US