Electronic Identity Verification

Firms are required by law to verify their clients’ identity in order to comply with UK Money Laundering Regulations. This is a process that has been traditionally carried out manually referencing paper documents such as passports, driver licences and utility bills, which at best can be time consuming, expensive and cumbersome. With the advent of eIDV (electronic identity verification), firms are now looking to online methods for a more secure and efficient verification process.

Partner for Windows integration with GB Group’s URU eIDV software streamlines the identity verification process. It can help firms significantly reduce the cost of compliance and fight the growing menace of identity fraud. By cross referencing a variety of different data sources, including a vast range of independent, external data sources and data held in Partner for Windows, URU offers higher match rates and greater accuracy in detecting clients who falsify their personal information.

• Click here to download the URU fact sheet