What is DD-iD®?
DD-iD® is an online identity-checking service that verifies the information your customers give you.
What is DD-iD® used for?
Preventing fraud and providing a ready-made Know Your Customer (KYC) process.
Who should use DD-iD®?
Anyone who collects payments, particularly Paperless Direct Debit service users that need a KYC process to comply with Bacs regulations.
What does DD-iD® do?
- References the latest information from the UK's leading data sources
- Identifies incorrect information and potential fraudsters instantly
- Validates customers' account details
- Integrates with your systems
- Provides a full audit trail of the checks you make
What benefits will DD-iD® bring my organisation?
Reduces identity fraud
DD-iD® reduces the threat of identity fraud. It protects your business and stops fraudsters stealing your goods and services.
Ensures compliance
DD-iD® gives you a ready-made KYC process. It also helps businesses comply with anti-money-laundering regulations and Financial Services Authority guidelines.
Protects your reputation
DD-iD®® protects the reputation of your business and gives your customers confidence in you.Identity fraud can seriously damage the reputation of your business.
Safeguards your customers' data
DD-iD® protects your customers' electronic data because it uses secure algorithms to check specific data elements and doesn't need to access the data directly.
Saves time and money
DD-iD® saves businesses time and money by replacing manual identity checks. The speed of the service makes it ideal for call centres and retail websites.
Click here to download more information about DD-iD®, or contact one of our payments experts here.
