Benefits
LexisNexis® InstantID® Q&A, powered exclusively by RSA® knowledge based authentication technology, confirms a consumer's identity in seconds and gives your financial institution an easy, real-time way to fight identity fraud at multiple points of customer contact.
Leverage Billions of Public Records and Confirm Identities in Real-Time
Built-in intelligence and proprietary matching algorithms power the InstantID® Q&A question engine, which is designed to develop questions and dynamically adjust question difficulty to a level where only an individual with authentic, personal knowledge could accurately answer. Our advanced data-linking technology provides instant access to billions of public records and non-credit data to generate a robust source of questions that are top of mind for your customer. The solution leverages superior technology and answers that sophisticated fraudsters cannot easily access. In addition, InstantID Q&A offers real-time reporting and archiving allowing you to effectively manage your business.
Prevent identity theft and remain compliant
InstantID® Q&A – the only identity authentication solution endorsed by the American Bankers Association, delivers advanced tools to help you comply with Section 326 of the USA PATRIOT Act, the Gramm-Leach-Bliley Act, FFIEC (Federal Financial Institutions Examination Council) multi-factor authentication rules and the Fair and Accurate Credit Transactions (FACT) Act. InstantID® Q&A is designed to fit your business policies and identity fraud risk tolerance levels with sophisticated features that enable you to customize scoring parameters and measure risk as questions are asked. Pass/Fail results are delivered in real time via a secure web based portal, XML integration or at the point of sale, enabling you to confirm customer identities at the point of customer contact.
Get it now: For more information about LexisNexis® InstantID® Q&A, please call 800.869.0751.
Features
Employ Proactive, Up-front Identity Fraud Detection
The new Identity Event™ module proactively monitors identity intelligence risk levels and enables question types and multiple configuration options to be dynamically adjusted in real time. Using the Identity Event module, powered by RSA, the risk associated with an identity can be quantified as part of the existing KBA transaction and the configuration of questions and risk tolerance can be adjusted to reflect the unique conditions discovered at run time. A Match Summary Report indicates match quality on submitted personal information and flags potential data entry problems.
Easy-to-audit results
InstantID® Q&A helps improve your margins by reducing the operational costs of authenticating users and mitigating the cost of exceptions processing and manual processing. Robust reporting features enable your organization to efficiently monitor your identity authentication processes. InstantID® Q&A delivers historical reports that can be accessed 24/7 through a self-service function. Detailed transaction reporting includes questions sets, pass fail rates, users, status, reference number, and time and date. Additionally, LexisNexis® Risk Solutions archives all transaction histories.
Implement InstantID® Q&A Quickly and Easily
Built on a universal ASP platform, InstantID® Q&A can be deployed fast. There is an easy-to-use web portal with turn-key authentication processing, or the solution can be seamlessly integrated via XML or an advanced web services interface.
Comprehensive customer service
LexisNexis® support personnel actively monitor verification performance on a client-by-client basis.
Get it now: For more information about LexisNexis® InstantID® Q&A, please call 800.869.0751.
