Personal Identification Verification

Bectran’s integration with personal identification services allows you to quickly and cost-effectively confirm critical identity information before you make a transaction or hire an individual.

From IRS identity verification to unemployment identity verification and everything in between, this powerful integration provides you the tools you need to verify and authenticate identities.

Protect your business from potential bad actors with identification verification and authentication tools, such as those available through Microbilt.

Confirm who you’re doing business with without ever leaving the Bectran platform with tools that allow you to verify identities.

Keep your business secure and mitigate the risk of fraud by viewing a “risk score” of each new applicant based on real-time data analytics and verification tools.

Continuously check everything from federal and international watchlists to ID verification to confirm the identity of each new individual or entity that applies for a credit line.

Benefits of Bectran’s Identity Verification Integration

Cross-channel monitoring of critical identity information in one central location
No longer will you have to spend your time sifting through critical data across multiple platforms. Have the information you need at your fingertips instantly in a single location.
Minimize manual tasks
Combine ID verification with auto approval to reduce manual analysis of identifications and free up your time to focus on other growth initiatives.
Check federal and international databases seamlessly
Harness the power of identity verification tools such as Microbilt to check federal and international watchlists without leaving the Bectran platform
Protect your business from fraudulent requests
With powerful identification verification tools at your fingertips, you can rest assured that you are partnering with trusted individuals and businesses.

How to use Bectran’s Personal Identification Verification to prevent and mitigate fraud in real-time

  • Use case 1: Identification authentication confirms an identity through questions only the individual would know, ensuring you are doing businesses with the right person
  • Use case 2: Confirm identities of an individual or entity through a federal watchlist to protect your company from losses attributed to identity theft.
  • Use case 3: Through searches across multiple data channels and sources, identities are assigned a risk score to enhance your decision making.

Use Case 1: Identification authentication confirms an identity through questions only the individual would know, ensuring that you are doing business with the right person.

When you begin a new business partnership, it’s critical to ensure that the person applying for the new credit line is the person they say they are. In the United States, 1 out of every 20 people are victims of identity theft each year. Don’t let your company fall victim to fraudulent schemes with these bad actors.

By partnering with identity verification services, Bectran is able to help you verify the identity of new partners seamlessly through security questions and ID authentication.

Services like Microbilt have built-in verification tools that confirm the identity of an individual quickly and accurately, saving your company from potential revenue loss.

Use Case 2: Confirm identities of an individual or entity through a federal watchlist to protect your company from losses attributed to identity theft.

When individuals are added to federal and international watchlists, this information isn’t always readily available. But through Bectran’s personal identification verification integrations, you now have access to tools like Microbilt which keep all this data at your fingertips.

Confirm the authenticity and trustworthiness of new business partners before entering into agreements with them or extending new credit lines.

With Bectran’s personal identification verification integrations, you can continue to utilize the tools you trust and rely on without ever leaving the Bectran platform. Protect your company from potential revenue losses by catching bad actors and identity thieves early.

Use Case 3: Through searches across multiple data channels and sources, identities are assigned a risk score to enhance your decision making.

Take advantage of tools like Microbilt and their risk scoring models to protect your business from potentially fraudulent endeavors.

When you run a new identity through personal identification verification software, you’ll receive a risk score customizable to your unique business needs and will be able to make more informed, trustworthy decisions for your business.

Bectran’s identification verification integrations will utilize multiple data channels and sources to ensure you have the most accurate information available at your fingertips. And it will all be available within the Bectran platform so that you can continue moving through your credit application process quickly and efficiently.

Bectran’s Personal Identification Verification Integration

Protect your business from potential fraud by knowing exactly you are partnering with by utilizing Bectran’s corporate registration verification tools.

Set Up Personal Identification Verification Today
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