THE RISK
Identity Fraud Starts At The Application Stage
Financial institutions process thousands of applications every month. When identities are not independently verified, businesses face increased fraud exposure, compliance risks and costly losses.
HOW IT WORKS
How Lenders Use IDV
1
Capture applicant ID number
2
Submit verification request
3
Receive Home Affairs result
4
Approve with confidence
BUSINESS VALUE
What Gets Verified?
Full Names
Verify names against official Home Affairs records.
ID Number
Confirm a valid South African ID number.
Date Of Birth
Verify applicant information matches official records.
Alive/Deceased Status
Confirm the ID holder's current status.
Home Affairs Record Match
Direct verification against the source.
Verification History
Maintain a record of verification activity.
USE CASES
Financial Services Use Cases
Personal Loans
Verify applicants before approval.
Credit Applications
Reduce onboarding fraud.
Vehicle Finance
Confirm identity before issuing finance.
Retail Credit
Strengthen application controls.
Store Accounts
Verify customers before onboarding.
Micro Lending
Reduce fraud at the point of application.
