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ID Verification Waterfall

Did you know up to 20% of your declined online applicants are actually who they claim to be? They just need a second chance.

 

How Does ID Verification Waterfall work?
ID Verification Waterfall runs your failed applications through another systems check (in real-time) to discover consistent data patterns.

When applicants have a "thin" credit file, they cannot be successfully verified, or the first Identity Verification provider returns an error. Identity Verification Waterfall  provides the opportunity to waterfall multiple Identity Verification providers to increase the number of approved applicants.

Currently there are a range of Identity Verification Vendors that all offer slightly differentiated products. Making a decision between these providers often means sacrificing one feature for another and hindering your throughput in the process.

Andera recognized this and in response created the ID Verification Waterfall product, which coordinates the best features of each system into one workflow to increase your acceptance rates without increasing fraud. 

See what ID Verification Waterfall can do for you--try the calculator.