RSA Identity Verification from Verid

Introduction: RSA Identity Verification from Verid

According to several industry sources, an identity is stolen every 79 seconds. In addition, the number of identity thefts reported continues to steadily grow each year. While customers demand more convenient, self-service options, they also require strong protection when transacting in remote channels, such as on the Internet or over the telephone. How can businesses deliver strong authentication without impeding on the customer's experience or privacy?

Introducing RSA® Identity Verification from Verid.

RSA Identity Verification from Verid is an advanced, user-friendly platform that incorporates Knowledge Based Authentication (KBA) to provide real-time confirmation of customer identities. RSA Identity Verification is an interactive solution that presents a series of top of mind questions utilizing relevant facts on the individual obtained by scanning billions of public records. With industry-leading speed and accuracy, RSA Identity Verification delivers a confirmation of identity within seconds, without requiring any prior relationship with the customer.

RSA Identity Verification is designed to meet the specific needs of businesses at a number of different levels. From establishing new accounts and updating existing account information to authorization for money transfers and other high-risk transactions, RSA Identity Verification offers a single solution to a multitude of business needs and requirements. The solution is also flexible enough to enable real-time configuration and rule changes at no additional cost.

An "Intelligent" Authentication Solution

RSA Identity Verification is a comprehensive solution fueled by RSA's Intelligent Questioning technology designed to logically develop correct and incorrect answers using actual consumer data in real-time. This instantaneous matching greatly improves customer experience while reducing the ability for someone other than the genuine customer to guess correct responses. In addition, the system has the ability to dynamically adapt the difficulty level of questions based on certain high-risk events or business rules, as well as automatically adjust for minor input errors, name variations, and inconsistencies in public data.

RSA Identity Verification is cross-functional and can be implemented at many points within an organization including online, call center environments, IVR systems and Point-of-Sale and is used to authenticate customer identities in the following instances:

• Account origination
• Account updates
• Automated self-service
• Card activation
• Compliance
• Funds transfer
• High-risk transactions
• Instant credit
• Password reset

Overall, RSA Identity Verification enables businesses to more optimally balance security and usability to:

• Increase revenue from new accounts and repeat transactions
• Provide an enhanced customer experience
• Reduce operational costs of verifying and authenticating customers
• Reduce fraud through enhanced customer verification and authenticatio

Datasheets:

• Data Sheet: RSA Identity Verification from Verid

RSA Consumer Solutions Product Range

• RSA Adaptive Authentication for Web
• RSA Adaptive Authentication for Phone
• RSA FraudAction:External Threats Protedtion
• RSA Identity Verification from Verid
• RSA Go ID Authentication Service
• RSA Transaction Monitoring
• ECommerce authentication: 3D Secure
• RSA eFraudNetwork