Mitigate Fraud and Risk While Verifying Potential Customers with IdentitySeer
Onboard Globally with a Unified API
One API allows you to onboard consumers and businesses across 200+ countries and territories.
Do You Really Know Your Customer?
IdentitySeer is an all-encompassing Know Your Customer (KYCKYC stands for “Know Your Customer”. In banking, it is a process by which banks obtain information about the identity and address of the customers. This process helps to ensure that banks’ services are not misused. A regulated process of verification of a customer’s identity, including the collection of customers’ Proof of Identity (POI) and Proof of Address (POA) to… More) and/or Business (KYB) engine, focused on clients of financial institutions. IdentitySeer verifies, validates identities, and scores the risk associated with onboardingOnboarding is the process of integrating a new employee, customer, or user into an organisation or system. It includes orientation, training, and familiarisation to ensure a smooth transition and effective integration. More new customers. It defends against fraudFraud is defined as a deliberate and deceptive act carried out with the intent to gain an unfair or unlawful advantage. Fraud is mostly associated with deceit, misrepresentation or concealment of information in order to gain a financial advantage and personal gain. The term fraud encompasses a wide range of dishonest activities, including but not limited to creating false statements,… More, and dramatically reduces risk in onboardingOnboarding is the process of integrating a new employee, customer, or user into an organisation or system. It includes orientation, training, and familiarisation to ensure a smooth transition and effective integration. More new customers.
Data for assessing risk and confirming identities comes from a wide variety of domestic and international sources, including, governments, public records, as well as proprietary information.
STEP 1 - DILIGENCE
Perform Customer Due Diligence (CDD) risk rating calculations and Enhanced Due Diligence (EDD)Enhanced Due Diligence (EDD) is a risk management process characterised by greater scrutiny when assessing the customers’ backgrounds, particularly in the context of anti-money laundering (AML) and Know-your-customer (KYC) regulations. In most cases, it involves collecting more detailed information and conducting additional checks to mitigate potential risks. In general, the EDD shall be carried out on high-risk customers. More on consumers and businesses using preconfigured or your tailored custom models to fit your unique use case.
SeerDiligence captures datapoints from source of fundsThe source of funds is the origin or provenance of the money used in financial transactions. It is essential that funds are verified to confirm they come from legitimate sources. More, annual income, residence, and demographics to risk rate individuals and ensure complianceCompliance is used to refer to the adherence to laws, regulations and industry standards within a specific business or financial context. Compliance can involve implementing policies and procedures to ensure that an organisation and individuals within an organisation operate within legal as well as ethical boundaries. More with FinCEN’s CDD Final Rule.
SeerDiligenceB captures datapoints such as volume, revenue, industry, geography, and UBOs/directors to risk rate businesses.
STEP 2 - VALIDATE
Validate individual and business information provided at the time of onboarding against known government sources while staying compliant with country-specific laws such as Customer Identity Program (CIP) checks in the US and AMLDx in UK/EU.
Perform CIP checks on individuals residing in the US by providing key identifying information. This product checks for individuals and their associated risk factors, verifies address, SSN, drivers license, phone number.
Validates international identification numbers and associated name and addresses such as Aadhar (India), CUPS (Mexico), etc.
Performs a CIP check on Businesses, with their UBOs by providing basic information. This product returns associated risk indicators and other risk factors as they related to the business or its UBOs.
Performs a check against 100+ international company registries such as UK’s companies house, India’s MCI etc. to validate business information along with the UBOs.
STEP 3 - VERIFY
For higher-risk onboardingOnboarding is the process of integrating a new employee, customer, or user into an organisation or system. It includes orientation, training, and familiarisation to ensure a smooth transition and effective integration. More, SeerScan and SeerIQ may be called for. SeerScan authenticates documents from more than 200 countries and can validate selfie photos, including liveness. SeerIQ takes this a step further, asking prospective clients to answer questions that a fraudster would have difficulty with, like choosing a car one owned decades ago from a multiple-choice list.
Verify a US based individual by presenting challenge questions of their past that only a individual would know.
This product provides Document Scanning, ID Verification along with liveness detection in over 150+ countries across tens of thousands of documents scanning for their authenticity and validity.
STEP 4 - DeRisk
To de-risk institutions further: Seer360 focuses on identity fraud, such as stolen and synthetic identities; SeerPEP checks to make sure onboards aren’t high risk Politically Exposed Persons; SeerWLS checks to make sure would-be customers aren’t on global Watch Lists or Sanction lists; and SeerMedia scans the worldwide media for negative articles on prospective or current clients.
Perform an anti-fraud check against individuals residing in the US by combining credit, DMV and other data sources. This product returns a risk score associated with an identity with indicators for identity theftThe unauthorized use of another individual’s personal information to commit fraud, such
as opening fraudulent bank accounts, obtaining loans, or making purchases. More, synthetic and stolen identities, elderly abuse, friendly fraudFraud is defined as a deliberate and deceptive act carried out with the intent to gain an unfair or unlawful advantage. Fraud is mostly associated with deceit, misrepresentation or concealment of information in order to gain a financial advantage and personal gain. The term fraud encompasses a wide range of dishonest activities, including but not limited to creating false statements,… More & scams.
Perform a global watchlists and sanctionsSanctions are any restrictions or penalties imposed by governments or international bodies on entities, countries, regions or individuals in order to achieve foreign policy or security objectives. Sanctions can include travel bans, asset freezes, arms embargoes, and trade restrictions. More, PEP as well as Adverse media check against tens of thousands of sources to identify predicate crimes along and comply with global AML directives.
Geolocation and IP address proxy piercing to understand the true IP for the customer. Check for VPNs, forged IPs and other things.
Match a merchantA merchant is an individual or a business that sells goods or services to customers. Merchants are able to accept payments through multiple means, including cash, credit/debit cards, digital wallets and online payment gateways. A retailer, or any other person, firm, or corporation that agrees to accept credit cards, debit cards, or both. More account against Mastercards Match database to ensure you stay compliant with MerchantA merchant is an individual or a business that sells goods or services to customers. Merchants are able to accept payments through multiple means, including cash, credit/debit cards, digital wallets and online payment gateways. A retailer, or any other person, firm, or corporation that agrees to accept credit cards, debit cards, or both. More Acquiring regulations
STEP 5 - DEFEND
For potentially higher risk onboards, IdentitySeer provides five additional screens to defend against fraudulent account openings: SeerPhone to gain deep insights into the smartphone of a potential customer; SeerEmail to guard against email fraudFraud is defined as a deliberate and deceptive act carried out with the intent to gain an unfair or unlawful advantage. Fraud is mostly associated with deceit, misrepresentation or concealment of information in order to gain a financial advantage and personal gain. The term fraud encompasses a wide range of dishonest activities, including but not limited to creating false statements,… More; SeerDevice provides real-time device (normally laptop) intelligence; SeerWeb risk scores business and merchantA merchant is an individual or a business that sells goods or services to customers. Merchants are able to accept payments through multiple means, including cash, credit/debit cards, digital wallets and online payment gateways. A retailer, or any other person, firm, or corporation that agrees to accept credit cards, debit cards, or both. More websites; SeerIP provides geolocation information.
Match a merchant account against Mastercards Match database to ensure you stay compliant with Merchant Acquiring regulations
Identity the risk of an individual using phone numbers. Detect inactive numbers, VOIP numbers, phone ports, phone spoofs, etc.
Identify the risk of an individual based on their email. Email is the most common attribute while shopping online. This product returns back addresses, and risk associated with the specific individual using the email address.
Behavior biometrics meets Device complianceCompliance is used to refer to the adherence to laws, regulations and industry standards within a specific business or financial context. Compliance can involve implementing policies and procedures to ensure that an organisation and individuals within an organisation operate within legal as well as ethical boundaries. More. Through our java script widgets you can now identify if the person opening an account is real or fake. Whether they are copy pasting or typing the values in. With access to over few billion devices and up to the second information, you can identify fraudFraud is defined as a deliberate and deceptive act carried out with the intent to gain an unfair or unlawful advantage. Fraud is mostly associated with deceit, misrepresentation or concealment of information in order to gain a financial advantage and personal gain. The term fraud encompasses a wide range of dishonest activities, including but not limited to creating false statements,… More immediately.
Risk rate a online merchantA merchant is an individual or a business that sells goods or services to customers. Merchants are able to accept payments through multiple means, including cash, credit/debit cards, digital wallets and online payment gateways. A retailer, or any other person, firm, or corporation that agrees to accept credit cards, debit cards, or both. More by scanning their e-commerce or business website. for things such as domain reputation, hosting risk, SSL and other issues.
Mitigate Fraud and Risk While Verifying Potential Customers
Customer Validation
Generate Reports & Understand Gaps
Validate identities and documents across 220 countries
Check against authentic government data sources
Check against Sanctions, PEP, Watchlists and Negative News Sources
Validate 10000+ government issued documents
Validate customers based on 50+ primary and secondary question sets
Take a Selfie with Liveness Check
Use advanced Phone Intelligence, Email Intelligence, IP Intelligence
Identity Monitoring throughout the entire customer lifecycle
Control Is In Your Court
IdentitySeer allows businesses to perform checks based on their own risk appetite. From scorecard customizations to personalized verification flows/steps, this tool allows the user company to control who utilizes their platforms & services.
IdentitySeer provides customizable workflows that run an entity through multiple layers of verification. Higher-risk programs require extra due diligence, so they pass through more layers of identity verification.
High Risk Onboarding
SeerID
SeerIQ
SeerScan
Seer360
Medium Risk Onboarding
SeerID
SeerIQ
SeerScan
Seer360
Low Risk Onboarding
SeerID
SeerID verifies US customer data against known government sources. The product validates Social Security Numbers, Driver’s License, Passport Numbers, Names, Addresses, and Date of Birth.
SeerIQ validates customers by asking questions that only a bona fide customer could answer, ensuring a greater layer of confidence when onboardingOnboarding is the process of integrating a new employee, customer, or user into an organisation or system. It includes orientation, training, and familiarisation to ensure a smooth transition and effective integration. More. Questions are customized to reflect conditions and requirements.
SeerScan authenticates documentation by comparing documents and photos to worldwide databases to greatly limit stolen and synthetic ID fraudFraud is defined as a deliberate and deceptive act carried out with the intent to gain an unfair or unlawful advantage. Fraud is mostly associated with deceit, misrepresentation or concealment of information in order to gain a financial advantage and personal gain. The term fraud encompasses a wide range of dishonest activities, including but not limited to creating false statements,… More.
Seer360 will search the Internet using the onboardingOnboarding is the process of integrating a new employee, customer, or user into an organisation or system. It includes orientation, training, and familiarisation to ensure a smooth transition and effective integration. More person’s identifying information to look for evidence of a synthetic identity.
Multiple Levels of Protection
Perform CDD/EDD and risk rating calculations on individuals by understanding nature and purpose of customer relationships to stay compliant with FinCEN’s CDD Final Rule.
Perform CDD/EDD and risk rating calculations on businesses and their UBOs/Key Officials by understanding nature and purpose of customer relationships to stay compliant with FinCEN’s CDD Final Rule.
Perform CIP checks on individuals residing in the US by providing key identifying information. This product checks for individuals and their associated risk factors, verifies address, SSN, drivers license, phone number.
Validate international identification numbers and associated name and addresses such as Aadhar (India), CUPS (Mexico), etc.
Perform a CIP check on Businesses, with their UBOs by providing basic information. This product returns associated risk indicators and other risk factors as they related to the business or its UBOs.
Perform a check against 100+ international company registries such as UK’s companies house, India’s MCI etc. to validate business information along with the UBOs.
Verify a US based individual by presenting challenge questions of their past that only a individual would know.
This product provides Document Scanning, ID Verification along with liveness detection in over 150+ countries across tens of thousands of documents scanning for their authenticity and validity.
Perform an anti-fraud check against individuals residing in the US by combining credit, DMV and other data sources. This products returns a risk score associated with an identity with indicators for identity theftThe unauthorized use of another individual’s personal information to commit fraud, such
as opening fraudulent bank accounts, obtaining loans, or making purchases. More, synthetic and stolen identities, elderly abuse, friendly fraudFraud is defined as a deliberate and deceptive act carried out with the intent to gain an unfair or unlawful advantage. Fraud is mostly associated with deceit, misrepresentation or concealment of information in order to gain a financial advantage and personal gain. The term fraud encompasses a wide range of dishonest activities, including but not limited to creating false statements,… More & scams.
Perform a global watchlists and sanctions, PEP as well as Adverse media check against tens of thousands of sources to identify predicate crimes along and comply with global AML directives.
Geolocation and IP address proxy piercing to understand the true IP for the customer. Check for VPNs, forged IPs and other things.
Match a merchant account against Mastercards Match database to ensure you stay compliant with Merchant Acquiring regulations
Identity the risk of an individual using phone numbers. Detect inactive numbers, VOIP numbers, phone ports, phone spoofs, etc.
Identify the risk of an individual based on their email. Email is the most common attribute while shopping online. This product returns back addresses, and risk associated with the specific individual using the email address.
Behavior biometrics meets Device compliance. Through our java script widgets you can now identify if the person opening an account is real or fake. Whether they are copy pasting or typing the values in. With access to over few billion devices and up to the second information, you can identify fraud immediately.
Risk rate a online merchant by scanning their e-commerce or business website. for things such as domain reputation, hosting risk, SSL and other issues.