Direct Debit Originators

Every DD Originator is at risk of ID fraud and DD-iD® provides a crucial tool to protect your Business, your Bank and your customers through.

• Ensuring and enhancing Scheme compliance and best practice
• Ensuring your business meets key regulations, such as those laid out by the FSA, money laundering guidelines, proceeds of crime rules and Banking regulations.
• Ensuring your customers get a speedy instant sign-up, with no lengthy paper-chase

The benefits to your business for signing up to the service speak for themselves:

• Fast, low-cost, multi-level ID checks
• Checks across delivery channels, mutually protecting Banks and Originators
• Elimination of ID fraud that also protects consumers from ID fraudsters
• Massive reduction in cost and time needed to check an individual’s ID
• Ensuring of Scheme compliance and best practice
• Removal of the need to store and collect identity documents
• Automatically enables you to meet money laundering, FSA, proceeds of crime and Banking regulations
• Automatically meeting Paperless Scheme requirements as defined by the governing body BPSL

Crucially, DD-iD® is unique in that it matches name and address details with an individual's bank account.