Fraud is unfortunately a fact of life in lending. With EDGE account verification you can ensure that the applicant actually owns the accounts represented in the application.
This easy-to-implement, flexible and scalable tool can eliminate as much as 95% of third-party fraud attempts.
EDGE account verification has saved millions in disbursements that would have otherwise been charged off, all without throwing out good customers along with the bad.
Enhance balance and transaction data with high-fidelity identity data with zero friction, at any point in the underwriting process.
Use the best possible identity data to prevent fraud: personal information from the financial institution where an account is held.
As a consumer reporting agency (CRA), we can refine and improve efficacy through real-time, real-world underwriting experience.
