IdentityMind for Enterprise

Plug and play RegTech Compliance from the Leader in Digital Identities.

Compliance and Fraud Management have been a part of your business for a long time. You have all the systems and processes in place, but high manual process costs have you wondering how you can lower your expenses. And, new machine learning technologies make you wonder whether you can improve your results.

IdentityMind can help. With an API-based SaaS platform, IdentityMind brings machine learning and automation to your risk and/or compliance processes… without the need to replace your current systems.

Benefits

Patented Digital Identity Engine

IdentityMind’s eDNA creates identities, verifies the information, and provides highly accurate reputation scores. Machine Learning helps discover the patterns that are the key to better results. And, because eDNA creates identity assets, you can add to/ update the profile and reputation as you interact with them.

Better Customer Experience

Turning up security shouldn’t mean more hurdles for your good customers. IdentityMind’s risk-based approach allows you to have an express lane for good prospects, and run additional checks for suspicious or unknown prospects.

Works with What You Have

Get access to all IdentityMind capabilities via standards-based REST API. Pick and choose the capabilities you need to fit with your in-place systems.

Secure Solution

IdentityMind does not store any PII. All data is encrypted in transit and storage so that the original information cannot be discovered even if the digital identity is discovered.

GDPR-Ready

IdentityMind’s platform and capabilities will fit into your GDPR compliant process.

Key Features

Fraud Prevention

  • Prevent account and transactional fraud
  • Digital identities
  • Global identity validation
  • Risk scoring through machine learning

KYC

  • Pre-integrated data validation providers
  • KYC Reporting

Sanctions Screening

  • Built-ln SAR filing
  • Proprietary lists
  • Social network, deep and dark web data

Transaction Monitoring

  • Automated, continuous monitoring
  • Rules for automated approval, decline based on scoring
  • Send to manual review

Case Management

  • Manage all risk information associated with fraud and money laundering
  • Create a case when manual review is required

Alerts and Notifications

  • Alert your team to let them know when review needed

Why IdentityMind

Accurate

Through eDNA, IdentityMind has the most accurate reputation scoring, allowing you to identify trusted users faster, and ultimately with more confidence, than any other platform.

Networked

The IdentityMind network securely shares identities, allowing you to understand a users reputation before doing business with them.

Comprehensive

One solution for Payments, and Risk Management, that provides you with access to 30+ data verification partners.

Global

IdentityMind allows you to perform risk and compliance processes around the world. We are also GDPR-ready so that we can fit into your GDPR-compliant process.

Trusted Digital Identities

Identity is critical to reducing risk and ensuring compliance in today’s digital financial services. Trusted digital identities help you Identify who is on the other end of the transaction and help you decide whether you should do business with them.

"2017 will be the year of digital identities...there is no identity without trust and vice versa. Further identity and trust impact and influence payment methods and enable or disable currencies. I view digital identities as the corner stone of the future of financial services industry."

Pascal Bouvier

Physical Identities

  • Name
  • Address
  • Device
Basic identity information that is based on physical documents.

Information is limited, static, siloed and, in some cases, easy for a fraudster to acquire.

Digital Identities

  • Name
  • Address
  • Payments
  • DOB
  • SSN
  • Email
  • IP Geo-location
  • Device
  • Ship to Address
  • Payment Behavior
  • Black/White Lists
  • Sanction Lists
  • Document Verification
  • Social Media
  • Carrier/Mobile Data
  • Bill to Address
  • Account Validation
More detailed information that includes digital information such as email, IP address, mobile phone. It may also include verification of provided such as account information.

Information is interconnected and reflects a wide variety of information on top of physical documents.

Trusted Digital Identities

  • Name
  • Address
  • Payments
  • DOB
  • SSN
  • Email
  • IP Geo-location
  • Device
  • Ship to Address
  • Payment Behavior
  • Black/White Lists
  • Sanction Lists
  • Document Verification
  • Social Media
  • Carrier/Mobile Data
  • Bill to Address
  • Account Validation
  • Graph Intelligence
Trusted digital identities are digital identities that are analyzed to verify identity, to identify the most recent information and known associates, and to ultimately risk score the identity. The result is an evaluation based on the most recent picture of the entity in question.


Use this slider to see the advantages granted by our patented Trust Digital Identities.

Further Reading

Webinar: State of the Money Transfer Industry

Join Hugo Cuevas-Mohr, Director at IMTC Conferences and Mohr World Consulting; Fernando Fayzano, CEO at Pontual Money Services; and Jose Caldera (moderator) VP of Products at IdentityMind Global in discussing:

– The top of mind issues that are keeping Industry leaders busy (and up at night) in 2017
– AML and Fraud Prevention: strengthening your processes through technology
– De-Risking: What’s in store for the year ahead?
– Land ahoy! – The promise of new markets: the unbanked and underbanked
– Going digital: What it means to your business

Watch the Webinar

6 Can’t-Miss Sessions at Money20/20

6 Can’t-Miss Sessions at Money20/20

We’re gearing up for Money20/20 in Las Vegas, the unmissable conference for those in payments and financial innovation. With about 12,000 attendees, the four-day show promises insights from hundreds of speakers on a broad range of topics, with valuable discussions and...

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To find out more about our solutions, simply fill in the form or call us at 650.618.9977.