Fraud and risk

One of the key features of DD-iD™ is the management of risk.

The product ensures the Originator can fulfil their responsibilities to the Scheme, their sponsoring Bank, and also to protect themselves from expensive ID risks.

DD-iD™ provides Low, Medium and High levels of risk checking, depending on the needs of the business, Bank and/or regulatory requirements. Low level risks that turn up elements of risk in a given ID profile can be progressed to higher levels of checking – allowing total control and KYC excellence.

Outside the Paperless originator and payments industry environment, Know Your Customer (KYC) schemes are fast becoming a global best practice standard.