SSN Identity Verification Tool from Fraud Technology
Prevent fraud activity accurately by confirming identities.
The Social Security number (SSN) verification tool matches your clients’ personal information (complete name, birth date, current address) with data from the Social Security Administration.
SSN Verification for Loans
A common trick used in committing fraud is using someone else’s identity for their credit score. Prevent this from happening in your organization with our Social Security verification tool. This online tool verifies someone’s identity using the Social Security Administration’s (SSA) database.
A person’s Social Security number (SSN) serves as an important identifier in background checks. As a business that deals with loans, this helps you mitigate fraud risks.
Using the SSN verification tool, crosscheck the personal information clients’ give you with the information in the federal database. If they provided their real information, you can use the results to inspect their credit score. In the event they give you fraudulent information, you have the right to reject their loan application. It also gives you grounds to report them to the proper authorities.
Using the SSN Verification Tool
Our SSN tool streamlines the verification process. Conduct your background checks with ease when you utilize this online system.
Once you upload your client’s form SSA-89, the system compares it with the SSA’s data. This reduces the back-and-forth in phone calls and emails. Get your results in at least an hour after you’ve uploaded the document.
Our SSN verification tool allows you to use the same service without multiple payments. Once you’ve purchased the product, you can use it for as long as your contract permits. There is no limit to the number of SSNs you can look up.
Our partnership with the Social Security Administration ensures that the information you receive is accurate. The results you acquire are the same on different federal databases.
Importance of SSN Verification
Personal information is no longer secure. Advanced technology has made it easier for criminals to commit identity theft. As such, banks and other lending institutions are susceptible to becoming victims of fraud. Protecting your business from these criminals requires your investment in sophisticated solutions.
An SSN verification tool lets you look someone up by their Social Security number. Taking this extra step mitigates risks that can cause irreparable damage. When your business becomes the victim of fraud, your credibility and reputation suffer.
In educating your staff and acquiring the necessary tools, you are reducing vulnerabilities. And you are better positioned than ever to convince your clients and investors that they can trust you with their money.
Protect your business from fraudulent activities with our SSN verification tool. Contact us today and get a free one month trial.