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You might also find the following useful for your Asset Management Business:

AUTOMATED DECISIONING

Use Automated Decisioning to quickly implement changes in decisioning logic, credit policy, and business rules while maintaining the integrity of established performance standards.

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WATCHLIST – OFAC SEARCH

A federal government mandate, this report checks to see if a customer is any way connected with terrorist organization.

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RED SHIELD

The Red Shield solution is a streamlined, low cost Red Flags verification process that analyzes the likelihood of identity fraud instantaneously.

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 | Appliance: Report to the Credit Bureaus | Appliance: Simple Red Flags Compliance | Appliance: Verify Customers Identity | Bank, Finance and Leasing: Asset Management Business: Check a Person's Background | Bank, Finance and Leasing: Asset Management Business: Leverage New Account Opening Solutions

New Account Desk Solutions - Quick, Thorough and Effective for Your Asset Management Business

MicroBilt's new account desk solutions provide rapid access to accurate and reliable information to verify, authenticate and decision on new business for your Asset Management Business.

For a quick but thorough new account solution for your Asset Management Business we recommend:

Identity Verifications and Fraud Protection

MicroBilt offers to your Asset Management Business the leading identity verification products and services and cutting edge authentication products that will minimize the risk for your Asset Management Business. As part of each application, MicroBilt provides a complementary suite of verification tools; MicroBilt applications can automatically verify and populate an address, verify your applicant's phone number, validate Social Security numbers and check the Social Security Administration's death master file for a match.

Driver's License Verifier

Driver's License Verifier searches more than 19 billion public and proprietary records to verify basic data and potentially fraudulent identities instantly. These resources automatically validate identity against known matches such as

  • The zip code matches the state.
  • The last name matches the address.
  • The Social Security number matches the first and last name.
  • The Social Security number issue date is within a valid date range.
  • The Social Security number is not listed as deceased.
  • Option for subject to meet specified age requirements.

ID Authenticate

ID Authenticate is a service that consists of automatically generated questions and answers that will test the true identity of an individual. These questions are based on a robust public record database. You can validate a customer by asking 'out of wallet' questions that only the applicant would know.

Consumer Credit Reports

Consumer data is essential for your bank to operate and you need a comprehensive, secure source for your mission critical information. Consumer credit data is a core building block in making credit, leasing, collection and hiring decisions. MicroBilt is your single source for credit reports from Equifax, Experian and TransUnion, as well as PRBC. Business reports are available from Dun & Bradstreet, Experian Business, Equifax Business and PayNet.

MicroMerge 3 Bureau Consumer Credit data

This report combines important background information from the three top credit reporting database in one convenient report.

 
 
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