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  • Lenddo FS IdentityVerification 201705

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    Asim Hussain
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    Lenddo Verification Solution helps financial institutions reduce fraud and streamline the application process by using digital identity data to increase conversion rates and enhance the customer experience while reducing verification costs. Traditional verification methods often cannot verify key information like addresses or universities due to insufficient data, whereas Lenddo is able to verify more applicant details through alternative digital sources of information.

    Original Description:

    Digital ID verification as done by Lenddo

    Original Title

    Lenddo_FS_IdentityVerification_201705

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    Lenddo Verification Solution helps financial institutions reduce fraud and streamline the application process by using digital identity data to increase conversion rates and enhance the customer experience while reducing verification costs. Traditional verification methods often cannot verify key information like addresses or universities due to insufficient data, whereas Lenddo is able to verify more applicant details through alternative digital sources of information.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    14 views1 page

    Lenddo FS IdentityVerification 201705

    Uploaded by

    Asim Hussain
    Lenddo Verification Solution helps financial institutions reduce fraud and streamline the application process by using digital identity data to increase conversion rates and enhance the customer experience while reducing verification costs. Traditional verification methods often cannot verify key information like addresses or universities due to insufficient data, whereas Lenddo is able to verify more applicant details through alternative digital sources of information.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Driving Predictive Analytics in Financial Institutions

    Lenddo Verification Solution


    Reduce fraud and streamline application processing using digital data

    Increase Reduce Enhance


    Minimize
    conversion verification customer’s
    fraud
    rates costs experience

    TR A DI TION
    TION A L V E O N S O LU
    R I F I C AT I O N M E T H O D L E N D D O V E R I F I C AT I

    INFORMATION STATUS FL AGS INFORMATION STATUS FL AGS

    Name VERIFIED Name VERIFIED

    Birthday VERIFIED Birthday VERIFIED

    Address UNABLE TO VERIF Y Insufficient Data


    Address UNABLE TO VERIF Y Insufficient Data

    Mobile Phone VERIFIED


    Mobile Phone VERIFIED

    E-mail VERIFIED
    E-mail VERIFIED

    University UNABLE TO VERIF Y Insufficient Data


    University UNABLE TO VERIF Y Insufficient Data

    Employer NOT VERIFIED Employer Unknown


    Employer NOT VERIFIED Employer Unknown

    INFORMATION STATUS FL AGS INFORMATION STATUS FL AGS

    Name VERIFIED
    Name VERIFIED

    Birthday VERIFIED
    Birthday VERIFIED

    Address UNABLE TO VERIF Y Insufficient Data


    Address UNABLE TO VERIF Y Insufficient Data

    Mobile Phone VERIFIED


    Mobile Phone VERIFIED

    E-mail VERIFIED
    E-mail VERIFIED

    University UNABLE TO VERIF Y Insufficient Data


    University UNABLE TO VERIF Y Insufficient Data

    Employer NOT VERIFIED Employer Unknown


    Employer NOT VERIFIED Employer Unknown

    INFORMATION STATUS FL AGS

    Name VERIFIED

    Birthday VERIFIED

    Address UNABLE TO VERIF Y Insufficient Data

    Mobile Phone VERIFIED

    E-mail VERIFIED

    University UNABLE TO VERIF Y Insufficient Data

    Employer NOT VERIFIED Employer Unknown

    1 2 3 4

    Applicants submit Lenddo captures data Lenddo shares the Decisions are made
    their applications and verifies identity results instantly in seconds at low cost

    20% fraud reduction 15% approval rates 99.3% accuracy 3 sec time to verify
    For more information, please contact sales@lenddo.com or visit www.lenddo.com

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