IDMatrix

Knowing your customer has never been easier

 

Veda's IDMatrix is Australia's most comprehensive identity verification solution.

 

Credit application fraud is at its highest level since 2009 as fraudsters devise new and innovative ways to takeover identities. By adopting a holistic approach to fraud prevntion, you can easily identify inaccuracies or inconsistencies with customers by using IDMatrix.

With IDMatrix you can:

  • Authenticate and verify identities against independent and reliable data sources
  • Reduce the risk of fraud with Fraud Assessment and Knowledge Based Authentication
  • Satisfy AML/CTF identity verification compliance requirements.

Go to the IDMatrix website for more information.

IDMatrix draws on data from over 20 different sources, including Veda's proprietary data.  As an authorised gateway service provider to the Australian Government's Document Verification Service (DVS) you will be able to verify documents such as passports, Medicare cards, driver licences and many more directly with the issuing body.

Benefits to you

  • Maximises your customer conversion rates  
  • Improves the online experience
  • Provides a comprehensive  fraud assessment
  • Helps meet strict compliance requirements under the AML/CTF legislation
  • Provides much more than identity verification
  • Certainty of data accuracy by accessing the Government's DVS for a small fee
  • Can be tailored to suit individual information requirements
  • Select your own delivery channel  

 

Fraud Solutions

Veda’s fraud prevention service provides members with the opportunity to increase their fraud surveillance, help improve detection rates, and share fraud data and intelligence with industry peers by becoming part of an Australia-wide virtual-fraud detection network. Learn more