In the digital age, where data breaches and fraud cases are alarmingly frequent, enhanced background checks and identity verification services are not just functional—they're essential. Authenticate® is the first line of defense against escalating financial fraud and identity theft incidents. Businesses can better protect themselves and their customers by understanding their significance and employing advanced verification services with Authenticate®.

Why Enhanced Checks Are Crucial for Safety & Security - Authoritative Background Checks

Enhanced background checks and identity verification are critical globally, especially in the finance and tenant screening sectors. Annually, businesses worldwide lose significant amounts to fraud, with reports suggesting that fraud cost the global economy over $3.1 trillion in 2023 alone. Identity theft is particularly destructive; in the U.S., around 33% of adults have experienced identity theft, which is more than twice the global average ( a number that is showing an exponentially upward trend). Thus, robust verification becomes essential when such trends are observed, and the exodus of security measures by cyber attacks warrants using Authenticate’s advanced verification features that collect data from trusted sources and cross reference it with multiple databases worldwide.

Authoritative Database Search: Authenticate with Confidence In the identity verification landscape, Authenticate^® distinguishes itself with a precision-focused approach to performing authoritative database checks. Utilizing advanced technology along with an expansive database network, Authenticate® excels in providing high-accuracy Authoritative Database Search that are trusted for their reliability and thoroughness.

At the core of Authenticate's^® solution is a streamlined process commencing with collecting Personally Identifiable Information (PII), including critical data points such as name, address, and date of birth. In addition, Authenticate^® methodically collects Social Security Numbers (SSNs), either partial or complete, which are crucial for comprehensive identity verification.

Following data collection, Authenticate^® conducts a stringent examination by comparing the information against an expansive selection of authoritative databases. These databases cover a vast array of sources, from government records to financial institutions, providing a comprehensive insight into the user's PII. 

A standout feature of Authenticate's^®Authoritative Database Search service is its instant scoring system, which assigns scores from 0 to 99 for each piece of information provided. This scoring offers a straightforward data accuracy and reliability assessment, empowering businesses to make informed decisions quickly. In addition to our comprehensive enhanced identity verification services, we offer a crucial feature that sets us apart: the ability to verify if an individual is deceased. This functionality is integrated seamlessly into our platform, providing vital information that enhances the accuracy and reliability of our verification processes. By cross-referencing with immense records databases, Authenticate® can quickly identify any inconsistencies or potential fraud, including cases where an individual’s status has been identified as deceased.

The Role of Authenticate^® in Shaping a Hopeful Security Future

Offering instant turnaround times (TAT) and extensive coverage, Authenticate leverages authoritative databases, including those with up-to-date deceased records, to provide a comprehensive shield against identity fraud, instilling confidence in your security measures. 

Its ability to quickly cross-reference and verify information against verified data sources makes it an invaluable tool for businesses aiming to mitigate risk efficiently. With added free-of-cost features such as “Global Watchlist Search,” Score Inputs, Liveness, Facial Detection, and a unique pay-as-you-go model, Authenticate® strives to be your protector, covering all bases and striking out threats from all ends.

Authenticate stands out for its effectiveness and user-friendly approach, which are different from traditional, cumbersome, expensive services. Authenticate offers a streamlined, cost-efficient solution that upholds thoroughness. This simplicity and affordability make it accessible for businesses of all sizes and budgets, ensuring comprehensive security isn't just the privilege of the few.

As fraud tactics evolve, so too must our defenses. Authenticate responds to this need with features like ReAuthenticate™, which allows for periodic re-verification of identity using a selfie and comparing to previous records, ensuring continuous protection. In an era of rampant identity theft and fraud, solutions like Authenticate are valuable and essential. By integrating advanced features and maintaining simplicity and affordability, Authenticate provides a necessary shield in the fight against fraud, giving you a sense of security.

To secure your business and learn more about how Authenticate can protect you, visit Authenticate^®