Business Verification

Business Verification Service for Financial Institutions

ID Verification provides the most robust business verification service available in the market today. This web-based tool verifies a business by crosschecking more than 23 billion aggregated records. Within seconds, the FIS business verification service delivers an instant “pass” or “fail” response, provides alternative reporting information and offers direction to resolve any discrepancies.

Capabilities of ID Verification as a business verification service:

Checks over 23 billion public and proprietary records, the broadest in our industry, for every business verification screening.
- All major credit bureau header files
- The DebitBureau® from FIS, the world’s largest debit database, which contains more than 3 billion consumer records received from financial, retail and government sources.
- Available Public Records consisting of Insurance, Justice, Tax and Property records
- Drivers License coverage in all 50 states
- The largest aggregation of residential phone numbers. U.S. Postal Service CASS Certified™ and uses unique, proprietary logic checks and validations.
- The Social Security Administration including the Validation Table and Death Master File
- Secretary of State data from all 50 states for the most thorough business background screening data.
- Warm address lists which document locations known as mail drop sites, prisons, hotels or similar sites known for repeated fraudulent activity

Screens business against the current OFAC list and all other public lists distributed by government agencies.
Provides alias names, alternative address information, executive contacts and listed U.S. telephone numbers.
Avoids employees misinterpreting business identity verification data by providing a simple and clear “pass or fail” answer on the information submitted.
Offers “next steps” to give employees direction in the event of a business identity verification failure.
Stores transactions in an easily searchable format for future analysis and examiner review.

We invite you to learn more about our business verification service! Find out how ID Verification can impact your institution by watching a product demonstration, attending an upcoming web seminar or sign up for a free trial.

Company Overview