Whether you conduct business with applicants in person or over the Internet, identity theft and associated fraud is a growing problem. Now, Teletrack makes verifying the identity of consumers easy. Existing customers can access Teletrack's identity verification service and receive valuable insight into the potential fraud risk associated with a pending transaction.

Identity verification is a process that takes basic consumer identification data elements and validates that the information presented during a transaction has previously been associated with the consumer data provided on the application. This associated data is analyzed using traditional credit bureau header file and Teletrack data to help you confirm the consumer's identity and uncover inconsistencies that may indicate potential fraud.

Teletrack's identity verification process verifies consumer identity data, reports inconsistencies with consumer information, provides match and warning factors, and delivers a confidence score to you so that you can develop a strategy around what further steps may be necessary to verify the identity of the consumer.