Operations

The UK banking community has recognised the rapid rise and risk to business of identity theft and fraud. As a consequence they mandated ID checks in July 2005 for all Paperless Originators. DD-iD now provides the only tailored solution for the collections industry.

Average costs of undertaking an ID check manually only start at around £14, and take an average of two weeks to complete.

DD-iD™ offers significant cost savings against manual processes and each check is almost instantaneous, delivering optimal operational efficiency for every business using DD-iD™.

The higher the volumes, the more efficiency and savings an Originator will benefit from.