directid: online lending - faster. easier. stronger
TRANSCRIPT
A powered service
Faster, Easier, Stronger
James Varga, CEO
www.direct.id
A powered service
Bank Verified Identities and Bureau Data helping…
Affordability Income Verification
Risk & Compliance Fraud
Collections & Recoveries
Online Lending Challenges
A powered service
Faster
A powered service
Bank Verified Identityfrom over 4,500 global banks
Bureau Data Checksand other data sources
Multiple Serviceswith configured workflow
Embedded UX with custom look & feel
A powered service
A powered service
Easier
A powered service
Verified Incomeand employer identification
Live Financial Datadirect from the bank account
Bespoke Data Pointsand customizable reports
Full API & online dashboard
A powered service
A powered service
Stronger
A powered service
for Compliance
A powered service
for Affordability
A powered service
for Collections
A powered service
for Fraud
A powered service
One Platform
Identity Data
Bank Bureau
A powered service
Bank Verified Identity
from over 4,500 global banks
Bureau Data Checks
and other data sources
A powered service
Key Features
Bank Verified Identitiesbased on secure credentials that
connects the consumer with their
financial accounts online and in real-
time
Multiple Account Typescurrent / checking accounts, savings,
credit cards and other financial
products
REST API with Easy
Integrationintegrate within a few minutes as a
turnkey solution
Multiple Validation Checksfrom bureau and industry sources
validating name, Date of Birth, SSN,
Driving license, and address
Live Financial Transactionsdirect from the consumers online
account updated in real-time and
available on-demand
Multiple Data Sourcesincluding banks, bureau, background
and personal data including credit
rating, credit score, electoral role,
PEPs, Sanctions, SDN and more
International CoverageBank Verified Identities available in
over 10 countries for over 400m
consumers. Data validation checks
dependent on country*
Embedded Applicationoptional white-labelling for a
frictionless customer experience
Strong Securitythrough a layered security model that
can include multi-factor
authentication, biometrics and geo-
location services
A powered service
Key Benefits
Full AML/KYC Complianceleveraging Bank Verified Identities validated
against multiple validation checks from bureau
and industry sources
Frictionless Onboardingreduce dropout by up to 70% by empowering
consumers to process applications online and in
real-time Fraud
Eliminationreal-time financial data together with verified data
is proven to have an immediate 80% reduction in
fraud Risk
Managementpowerful affordability and risk assessment
capabilities through live financial transaction data
direct from the bank
Eliminate Paperworkreal-time and on-demand access to Bank Verified
Consumer Profiles removes the need for
document scans, uploads and storage
Real Time Decisionsusing real-time financial transactions and instant
data validation for straight through pr|ocessing
Improved Customer Experienceprovide greater service and convenience and offer
relevant products through customer permissioned
financial profiles
ID&V as a Turnkey Solutionusing real-time financial transactions and instant
data validation for straight through processing
