BlockDrive Verify Identity Verification Software
In today's rapidly changing marketplace, a customer cannot be simply approved on a simple credit check and mention of income, and both businesses and customers are demanding the flexibility to complete more transactions remotely. Customers have to be deeply evaluated using many data points real-time to holistically understand a customers current and future financial viability.
BlockDrive Verify instantaneously looks at a wide variety of information. This includes actual validation of income, assets, first payment default assessment, delinquency flow and understanding of propensity to default. The fundamental premise is to manage the appropriate risk level and approve a good customer that would previously be overlooked by traditional methods, even from a remote location.
Highlights include:
- Completing verification checks remotely
- Drastically shortening the turn-around time
- Reducing fraud
- Reducing defaults
- Implementation in as little as 2-days
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