Account Verification Tool – Reduces return checks by over 65%
Early Warning "NON FACE TO FACE" (real time account verification); iSmartCheck is directly integrated with this database. This database is updated daily (data is never more then 1 day old) and verifies business & consumer checking/savings accounts in real time.
Over 20 data points are verified real time and scores as given based on each response. Database is updated every 24 hours. iSmartCheck™ has the ability to customize each data point to fit the needs of our clients and tighten or loosen the authentication process. Early Warning will reduce the number of returned checks, decrease processing cost, increase efficiency, decrease collections cost, decrease amount of products sold/shipped that associate with returned checks, and add measurable value to our partners check acceptance process. **Can be used as stand alone product or in combination with other authentication products
Identity Verification Tool – Significantly reduces chargebacks
Experian (real time identity verification); our banks are directly integrated with Experian. The product verifies consumer identity in real time. Consumer drivers’ license, name, home address, current phone, and social security number are validated through a custom scoring model (*all data points are not required for service to be performed). Data points are crossed referenced with all received responses and given a scored value. We have the ability to customize each data point and score to fit the needs of our partners and tighten or loosen the authentication process. Experian will decrease chargebacks and improve the integrity of each transaction authenticated. This intern decreases cost, customer complaints, product returns, lose associated with product shipment, and add measurable value to our partners check acceptance process. **Can be used as stand alone product or in combination with other authentication products.
Risk Verification Tool
Previous Payments (negative check database); this database is proprietary. There are over 50 million accounts numbers in Previous Payments. Previous payments will reduce the number of returned checks, decrease processing cost, increase efficiency, decrease collections cost, decrease amount of products sold/shipped that associate with returned checks, and add measurable value to our partners check acceptance process. **This database is used in combination with other authentication products at no additional cost.
Please contact us for more information
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