Identity Mind And Benefits Of Identity Mind

IdentityMind Global, Inc. provides an on-demand solution for the next generation risk management and anti-fraud services for the e-commerce ecosystem, including acquiring banks, payment processors and gateways, payment service providers, and online merchants. It offers IDMRisk, a fraud prevention and risk management platform that recognizes e-commerce entities and builds their payment reputation based on their behavior and risk profile. The good news is that now a days IdentityMind offers the best KYC compliance solutions — an easy-to-deploy KYC solution online that allows you decide whether you want to trust the person on the other end of the transaction on the basis of KYC document provided by the person . Know Your Customer (KYC) is a requirement in many senses of the phrase. You need to know your customer or identify your trusted and untrusted customers because the government tells you to, and you need to know your customer because the future of your business depends on it. After all, your business is needs best and trusted customers based on attracting and retaining more good customers every day. And, identity mind system definitely provide you with access to more customers — more good and bad. This is being able to weed out the fraudsters, stolen identities, and synthetic identities that often come with the good prospects you need to continue running your business. The following are the benefits of identity mind:

Efficiently Onboard Customers

Identify your best customers the fast lane and provide additional checks for unknown individuals. By using identity mind  API, we provide one place to for you to integrate with 20+ vendors to validate provided information.

Know if They Are Authorized

 
Using graph intelligence and machine learning technique, we look at user behavior across phone, email and transactions over a period of time to determine the validity of transactions over time.

Reduce Your Risk

Identify the good person which you want to do business with and bad guys you want to avoid. The identity mind artificial engine assembles digital identities for each entity you do business with.

Stay Ahead of Regulations

Maintain a proactive compliance program using our engine, be ready for auditors, and stay prepared for regulatory requirements. The Identity mind platform’s flexibility enables you to be ready to respond quickly to new legislative developments.  

Key features of Identity Mind

1. ldentity creation.
2. ldentity validation.
3. Real-time risk scoring through machine learning and artificial intelligence. 
4. Automated, transaction monitoring.
5. Sanctions screening.
6. Document upload, verification.
7. Customer white-list.
8. Customer black-list.

For more detail go to the official website of identity mind using this link https://identitymindglobal.com/