Informative Research releases ID Verify Plus to combat identity theft

Responding to the need for more substantial and robust verification tools to thwart identity theft, Informative Research is introducing ID Verify Plus, a comprehensive report combining data verification from three sources. The report checks social security numbers directly against the Social Security Administration’s database (requiring consent from the applicant), The Office of Foreign Asset Control’s database, and credit repository databases to verify and track the usage and issuance of the SSN. As the definitive source for verifying social security numbers, the SSA provides the most reliable data available. Informative Research’s experience allows it the blend the data from these three sources into one easy-to-read identity verification report. ID Verify Plus is an excellent match for use in fraud detection, prevention or mitigation efforts to meet the FACTA Red Flags compliance requirements. “With application fraud accounting for 61 percent of mortgage fraud incidents in 2008, the focus on verified data is increasing. We have redoubled our efforts to verify as much of the application data as possible, and that includes social security numbers,” states Brad Kelso, VP of marketing for Informative Research. “And, we can turn around the verification within a few hours.” For more information or to see a sample of the new report, click here.  For more information, visit www.Informativeresearch.com.