Intelligent Issue 05 | Page 64

Eduardo Castro , Managing Director , Identity and Fraud at Experian
Using comprehensive data sources , verification technology tests the legitimacy of people ’ s details . As well as combating fraud , it allows businesses to meet compliance and regulatory requirements such as Know Your Customer . Take age-sensitive services such as gambling : businesses that do not correctly verify customers ’ identities and ensure they are of the correct age could face significant fines In support of the government ’ s vision for a digital identity market , which aims to make it easier for people to verify themselves using modern technology , Experian was recently recognised for its identity verification technology . As an accredited Digital Identity Service provider , Experian can supply verification for digital services such as Right to Rent and Right to Work checks .
Understand your fraud risk
Businesses can learn about the fraud risk of each new and existing customer
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