IDscan introduce IDsmart:
Anti Money LaunderingIDsmart takes document authentication to the next level in a seamless cost-effective process to make further checks on the individual,
Know Your Customerby cross referencing the ID information harvested from the scanned and authenticated ID, against multiple data sets; to assist you in KYC, AML
Identity Check | Route 2(Anti Money Laundering), insolvency and Politically Exposed Persons checks. All completed in seconds not minutes.
IDsmart Automatically Checks with:
= ID Assurance
IDsmart allows you to quickly make KYC and AML checks. IDsmart runs external checks against a wide variety of datasets, including the Electoral Register to establish a living history footprint.
Changes in HMG minimum requirements for the verification identity for Criminal Record Checks (CRB) were established in September 2012 requiring external validation checks for Route 2.
IDscan’s IDsmart provides a real time PASS/FAIL result and a hard copy report.
IDsmart’ s standard check includes the ability to perform an external check on the birth, marriage and deaths index based on a customers set of details.
IDscan can currently perform external checks against:
- • GRO Birth Index (1984 – 2006)
- • GRO Death Index (1976 – 2006)
- • DRI (2007 – Present day)
- • Halo (Commercially aggregated mortality dataset)
The datasets include:
- • Full Electoral Registers (2000 – 2012)
- • Rolling Register
- • Credit active data
- • Extensive telephone number databases (mobile and landline)
- • Land Registry data
- • Registers of Scotland data
- • Gone away logic
- • Birth Index data
- • Director register
- • Shareholder register
- • Bankruptcy and IVA records
- • County Court Judgement records
- • General Register Office (GRO) Death Index
- • Death Registration Information (DRI)
- • Halo mortality data
IDsmart validates the address of a customer against the Postcode Address File provided by Royal Mail, which is the most up-to-date and complete address database covering the UK.
Utilising intuitive matching logic, the system is able to accurately validate the provided address and, through access to additional datasets, confirm whether or not the specific individual appears to be living at the property.
IDsmart checks against insolvency and IVA results with the inclusion of current Bankruptcy and Individual Voluntary Arrangement (IVA) records for England & Wales.
When a search is performed the system automatically conducts both a bankruptcy search and IVA check on results (which are flagged with any matches), letting you know instantly if the person is subject to insolvency proceedings. Our insolvency database is updated on a daily basis which ensures that all information supplied is both current and relevant
ID data can be screened against an extensive and up-to-date PEP file which will identify PEPs globally and incorporates individuals in the following categories:
- • Heads of state
- • Cabinet members and ministerial staff
- • Members of parliament
- • Highest members of the judiciary
- • National bank governor and members
- • Political and religious leaders
- • Military officials
- • Senior Executives of state owned companies
- • Ambassadors and consuls
- • Ex PEPs
- • PEP relatives and closely associated persons
State birth and death records were only digitised from the year 1984, however, IDscan is able to check a manually digitised microfiche dataset containing Death Index records back to 1976, hence the period 1976 – 2006 for Death Index records.
In 2006 the state stopped releasing Birth and Death indexes to commercial entities, however they recommenced the release of death data in the form of Death Registration Information to tackle financial crime, and as such the state death records we can access cover the period 1976 to date; this is the most comprehensive mortality database in the UK, and is updated on a weekly basis.