It’s important to know who you’re working with. With Enformion, verifying the identity of customers is fast and easy.
Best Customer Identification Program (CIP)
A Customer Identification Program is an essential process for any business before establishing a working relationship. It allows firms to verify that a customer is who they say they are and is telling the truth about the business they engage in. CIP is part of Know Your Customer (KYC) guidelines and is done in compliance with anti-money laundering regulations. With Enformion, verifying the identity of customers is fast and easy.
Enformion’s extensive data and analysis tools help investigators manage all aspects of a case more efficiently. Explore more of our solutions to take your investigations to the next level:
Feel comfortable with your customers
Knowing who you’re dealing with online is critical for safe interactions, transactions, and business. It makes it less likely to fall victim to fraud. With our Customer Identification Software, it is even easier and faster to identify your customers so that you can jump right into business.
Mitigate fraud and risk early
Customer identification helps minimize the risk of identity theft or fraud. At the same time, it helps protect customers from fraudulent activities conducted by bad actors. Use our identity tool to perform due diligence to identify potentially high-risk customers and lower your fraud exposure.
Build a positive reputation with customer base and vendors
A positive reputation sets your business apart in the market. It also makes it more likely to attract and maintain more customers, shareholders and partners. Take advantage of our data and fraud Analytics software to detect potential fraud that could hurt your reputation. You can also use other tools to stay abreast with the latest security-based requirements in your industry.
Avoid compliance issues
Implementing a proper customer identification process can protect your business from heavy fines that arise from noncompliance. It can also keep your business and clients safe. CIP allows your business to comply with anti-money laundering (AML), Know Your Customer (KYC), Bank Secrecy Act, USA Patriot Act and other government regulations.
Create a booming business with top-tier information
Access to rich data sources helps you achieve your business targets and goals by guiding timely strategic decisions. Enformion offers data from more than 6,000 sources and 120 billion up-to-date public records, giving you loads of accurate and actionable insights to work with.
Customer & Vendor Risk Assessment
Customer and vendor risk assessments are challenging. If you don’t know your suppliers and customers well, the cost can be high. Regulations need you to perform due diligence that may be shaped by context, geography or both. Failure to do so may attract enforcement actions.
If you don’t adequately connect the dots and fill the information gaps, you may face legal and financial consequences. Enformion can help you prevent this from happening. Our identity verification and other security tools make risk assessment easier. And the best part is that you can customize Enformion’s solutions to suit your company’s needs.
Create an effective customer identification program (CIP) with our data and analytics to:
- Protect your reputation and fill in any missing information
- Maintain compliance with all involved and on your own time
- Pay attention to specific needs
- Know your customers and partners
Frequently Asked Questions
How does Enformion help customer identification?
Enformion’s Customer Identification Software can help you verify the identity of customers with a high degree of accuracy. Our tool accesses an enormous amount of data that you can use for identity verification. Whether you are a financial institution, credit union, or collection agency, Enformion’s identity verification and other security tools help to make that risk assessment easier.
What do I need to access customer identification software?
You can access customer identification software if you’re a company looking to learn about personalization, due diligence, compliance, etc. It’s easier to access information through a CIP with a public records search tool than performing manual searches.
How can I access Enformion’s customer identification software?
You can access our Customer Identification Software online, via the Cloud-based Platform, Batch, or API with customizable options from one of our data experts.
What does a customer identification program (CIP) include?
A customer identification program (CIP) like Enformion’s discloses customer details so you can verify their identities for due diligence, personalization, or regulatory compliance. It allows you to improve your business and security systems.
Get set up with a trial account, or request a demo from one of our Data Solution Experts.