evs 2015 solution overview

Value. Simplicity. Flexibility. - EVS Solutions Overview 1

electronicverificationsystems.com

Value. Simplicity. Flexibility.EVS Solutions Overview

ELECTRONIC VERIFICATION SYSTEMS




About EVS

EVS believes that fraud prevention solutions should be cost effective and easy enough to empower business of all sizes to protect themselves and their customers from identity fraud. With an intuitive platform, simple integration options, and easy-to-understand pricing structure, EVS delivers on the promise of making comprehensive fraud prevention available to all businesses.

For over 15 years, EVS and their family of identity assurance products have been helping businesses combat identity theft, reduce costs, and satisfy governmental regulation.

Electronic Verification Systems (EVS) offers a unique approach to ID verification and authentication solutions that integrate with your existing processes so you can continue to focus on your business.



Contents

The Problem and The Solution

Platform and Pricing

Why EVS

IdentiFraud Consumer

IdentiFraud DL

Watch List Screening

IdentiFraud International

IdentiFraud Corporate

Implementation Strategies

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06

08

12

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For more information about any

of our products, please visit us at

www.electronicverificationsystems.com.

Electronic Verification Systems2500 Technology DriveLouisville, KY 40299

Phone Number866.491.5665

Email [email protected]

Contact Information

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The Problem

For much of the past decade,

identity theft has been topping

the Federal Trade Commission’s

(FTC) list of consumer complaints.

The FTC now estimates that as

many as 9 million Americans have

their identities stolen each year.1

The criminal impact of identity

theft and the resulting instances

of identity fraud are not limited to

U.S. borders, either. The trend has

spawned a global identity theft

marketplace where consumer credit

card information, Social Security

numbers, and other personal data

are sold in large numbers, creating

an environment that engenders

identity fraud.

Identity fraud has a devastating

effect on individual consumers

and can also be severely damaging

to businesses. When a business

perpetuates fraud by accepting a

stolen credit card or other stolen

information, most banks not only

require the business to reimburse

them for the value of the fraudulent

transactions, but they may also

require them to pay processing fees

for performing the chargeback.

Companies that inadvertently

accept stolen credit cards, therefore,

suffer losses for their errors three

times over: once for the actual

goods or services lost, again to

repay the banks for the fraudulent

transactions, and a third time to pay

all fees associated with restoring the

funds to the victims’ accounts.

In addition to the direct financial

hit, businesses are also affected by

identity fraud in ways that may not

be so apparent. The surge in identity

theft has caused many consumers

to lose faith in online transactions

and, therefore, limit their use of

what should be a convenient and

beneficial service. This reduced

activity results in an immeasurable

amount of lost profits for businesses.

1 See the FTC’s published article

“What Is Identity Theft?” published

at http://www.ftc.gov/.

Identity fraud is one of the fastest-growing crimes in the United States.



The Solution

With identity verification and

authentication solutions from EVS,

businesses can determine whether

the people they are talking to or

selling goods and services to are

who they say they are. EVS offers

a variety of solutions, each packed

with specific products designed

to expose fraudulent information,

prevent the processing of fraudulent

transactions, and significantly

reduce the risk of potential losses.

Each of the solutions offered by

EVS focuses on a specific area of

commercial operations. IdentiFraud

Consumer allows businesses to

monitor their customers and ensure

that all transactions are performed

honestly and appropriately.

IdentiFraud Corporate gives

businesses the ability to examine

their commercial relationships

with higher scrutiny, preventing

fraud on a business-to-business

level while strengthening

partnerships and supply chains.

IdentiFraud International extends an

organization’s ability to monitor its

customers beyond the confines of

U.S. borders.

EVS even offers businesses an

opportunity to lower their chances

of working with high-risk individuals

by utilizing a crosscheck, which

compares an individual’s personal

information against several

government-sponsored watch lists.

EVS services simultaneously deliver

tighter security measures and

required compliance efforts in

accordance with many federally

sponsored programs.

By identifying and authenticating

consumer and commercial

identities, businesses can avoid the

costly pit of lost revenue created

by fraud, while also encouraging

increased consumer confidence

in online transactions. In this

regard, EVS is the perfect solution

for monitoring your business

relationships and protecting

your organization.

Identity fraud can be prevented through identity verification.



Platform

EVS offers its verification and authentication services

through a robust end-user management platform that

allows you full administrative control. We can even

help you develop customized user accounts for your

employees to administer the system with ease.

• Create Thresholds and Limits on a Per User Basis

• Limit Access by Location (IP Address)

• View Activity by Company and/or User, Including Volume/Transactional Activity

• Create Daily, Weekly, Monthly, and Yearly Reports

• Get Full Technical Support with Online Trouble Ticket System

• Easily Manage Batch Transactions

• Mobile Payment Support

For more information on the platform, contact us at

866.491.5665 or via email at

[email protected].



Pricing

Each of our IdentiFraud packages includes an array of

verification and authentication services for one low price.

There is no monthly minimum required, and we even offer a

30-day opt-out at no cost or obligation.

• No Setup Fee

• Tiered Volume Pricing

• No Monthly Transaction Minimums

• Minimal per month system access fee

• Lowest Transaction Fees in the Industry



What Makes EVS the Smart Choice for Identity Verification?

SimplicityAn intuitive user interface

and wasy integration through

our Web Service API provides

access to all EVS solutions.

FlexibilityCustomizable products allow

for solutions as unique as your

individual fraud prevention needs.

ValueEVS combines many

services into one

complete solution

at price points

competitive to

a single service

elsewhere.

Even though identity verification and government

compliance are complex processes, EVS has been

keeping them simple for clients for over fifteen years.

Here’s how:




The IdentiFlo platform provides an

intuitive user interface for our clients

that don’t choose to integrate, and our

API makes working with our solutions

equally simple for those that do.

How We Keep it Simple:

• Intuitive user interface within the identiflo platform

• Access multiple products through a single transaction

• Contract and pricing terms with no suprises

SimplicityIt Doesn’t Have to be Complicated

Our focus on long-term client

relationships allows us to provide

these lower costs without

sacrificing product quality,

maintaining our high standards

for data precision, security, and

customer experience.

How We Keep Costs Low:

• A far lower price point than

competitors

• Established relationships with

data providers

• Volume discounts

ValueThe Most for Your Dollar with Every Solution

We realize that businesses

don’t have time to change their

operations around a platform,

so we’ve built IdentiFlo to

adapt to our client’s operational

requirements.

The Benefits of Solution & Product Customization:

• User interface customization options

• XML delivery options

• Data source customization

FlexibilityCustomization & Personal Service Is Part of Our Company Culture

Additional Features

We take pride in providing the personal service and

support necessary for our clients to get the most out of

each product. EVS clients always get the answers they need

to keep their businesses running safely.

Client Services and Support Features: • U.S.-based support center • Product deployment support • Live phone support • Product use consultation • Intergration consultation

Client Service & SupportManaging and delivering personal data is a heavy

responsibility that we take very seriously. That’s why

we have intentionally developed products that ensure

the protection and security of customer data.

Data Security and Management Features: • Only specified customer data is accessed• Our systems & data centers are secure and audited• We only use established, proven, & reliable data sources

Data Security & Management



IdentiFraud Consumer

IdentiFraud Consumer is our most popular solution for

domestic identity verification.

Designed with the end-user in mind, IdentiFraud delivers

a wide array of reliable consumer data based on a single

lookup. While most of our competitors’ solutions require

users to purchase individual products, which may each

demand separate lookups, our IdentiFraud Consumer

solution combines all of these features into one easy-to-use

process—and all for one smart price.

Included within our IdentiFraud Solution are the following reliable features:

• ID Verification

• SSN Verification

• Authentication Question Generator

• Residence Verification and History

• Driver’s License Verification

• High-Risk Alert

• Age Verification

• Consumer Data-Match Profiling

• Phone Verification

• Watch List Screening

• Residential Address Standardization

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In addition to the features

listed for our IdentiFraud

package, IdentiFraud+ also

provides these advanced

features:

• Individual Fraud Scoring

• Advanced Residence Verification and History

IdentiFraud +



IdentiFraud DL

Driver License Verification quickly and easily confirms an individual’s driver license information. Our system

matches key data points to state driver license files, such as street address, name, and phone number. IdentiFraud

DL also provides integrated Knowledge-Based Authentication, also known as out-of-wallet questions, with no

additional costs.

EVS provides validation of the driver license format for all states. However, coverage of verification matching to name

and address varies by state as shown in the table below.

IdentiFraud DL Coverage by State

2



Watch List Screening

Watch list screening is an important component of compliance

across multiple industries. EVS Watch List solutions provide

screening again OFAC, PEP, EU Sanctions, UK Sanctions, LDP,

and EPLS lists to help your business monitor your professional

relationships and ensure compliance with federal law.

The IdentiFlo platform provides multiple options for

implementing Watch List screening for your business. Watch

List screening can be performed as an integrated component

of our IndentiFraud Consumer, IdentiFraud SSN, IdentiFraud

DL solutions or can be implemented separate from other EVS

products.

EVS also provides the ability for clients to upload their own

Custom Watch Lists to the IdentiFlo platform.

FinCEN Watch List Comparison

EVS can also help financial institutions meet their FinCEN

compliance requirements. Through a single lookup, you

can compare your client data to the FinCEN list and receive

notification for any direct matches. Our products can also

provide an audit trail to verify your organization’s due diligence

should your compliance process ever come into question.

Watch List screening

can be performed as a

seperate transaction, as

batch transactions, or as an

integrated component of

our IdentiFraud Consumer,

IdentiFraud SSN, or IdentiFraud

DL solutions.

Stand-alone or integrated?

3



IdentiFraud International

IdentiFraud International provides ID verification for businesses that maintain international consumer relationships.

This solution provides consumer data verification and identity document validation and/or verificaiton both for

U.S.-based organizations conducting business with international customers, as well as international organizations

focused on an international market.

With IdentiFraud International, businesses can ensure the reliability of their global relationships.

4

IdentiFraud International Coverage by Country



IdentiFraud Corporate

IdentiFraud Corporate is the perfect identity

verification solution for organizations interested

in assuring their business-to-business interactions.

Whereas IdentiFraud Consumer focuses on

verification of consumer data, IdentiFraud

Corporate allows our clients to identify everything

from high-risk corporate addresses to mixed-use

properties, all with a single lookup.

With IdentiFraud Corporate empowering

businesses to verify the reliability of their partners,

this solution can help ensure the integrity of your

entire supply chain, from raw materials to retailers.

Included within our IdentiFraud Corporate solution are the following features:

• Corporate ID Verification

• Corporate High-Risk Alert

• Corporate OFAC Watch List Screening

• Mixed Use Property Verification

• Building Type Verification

• Corporate Address Standardization

“IdentiFraud Corporate allows our clients to identify everything from high-risk coporate addresses to mixed-use properties, all with a single lookup. “

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Implementation Strategies

EVS clients can include the appropriate EVS solution

code into their already active security systems to

create customized usability. Our clients select the

specific products within our solution that they want

to feature as part of their security measures. Then, EVS

will work with the client to customize the process and

deliver the returned information in a format that is

tailored to their needs.

Through our end-user IdentiFlo Management Platform,

clients no longer have to rely on the expertise of a

computer programmer to administer their verification

and authentication services. Our approach makes

managing EVS services extremely easy.

Based on your preferences, you can choose to:

• Integrate the XML feed directly into your product by

incorporating the solution data within your larger system.

• Present the returned data via a standard EVS IdentiFlo

Management Platform that speaks to the overall integrity

of your product’s security

“With two ways to access EVS solutions, we make implementing identity verification simple for our clients.“





[email protected]

866.491.5665

evs 2015 solution overview

Services

evs solutions overview

fraud prevention solutions

authentication solutions

stolen information

id verification

stolen credit cards

fraudulent transactions

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