0:00
The longest standing use of IDV is a database check, right?
And that is a company that has access to your data and that’s typically a credit bureau, or a company like Enformion,
0:21
and you – that is all consumer consented data, so consumer has said
“yeah, I’ll provide you with that data so you can authenticate me and make sure I am legit not somebody impersonating me.”
and that is the most common, and what we’re finding is that with advanced technology, like what Enformion has,
0:42
you don’t need to ask for a lot of data from somebody, you can ask for name and phone number or name and address or or even just provide an email address
and that is sufficient to locate the right person, and authenticate them and make sure they can get safe access to a product or service.
1:02
We’ve seen advancements in things like document authentication, so authenticating a driver’s license or doing device intelligence, behavioral analytics, biometrics.
Those all complement the core database checks that Enformion does and it’s an exciting time because we’re seeing it easier and easier to integrate those things together.
