gAuthenticate™ Helps Reduce Fraud
Fraud and attempts at fraud are major issues which all companies must protect themselves against. Fraud can happen to any company, regardless of the size. Our gAuthenticate™ service is designed to dramatically reduce the risk of accepting payments and/or enrollment of services, by giving you the ability to identify if the person is an authorized signer and if the account is open, valid and in a positive status. gAuthenticate™ cannot be used as a stand-alone service. In order to use gAuthenticate™, you must also use the gVerify™ service.
gAuthenticate™ uses key account owner and status information, such as account name (business or personal, account signer, address, social security number, driver’s license, date of birth, and other important information to help confirm:
- The account is open, valid and in a positive status (personal, business or savings)
- The individual or business is who they say they are
- The individual is authorized to transact on the account (up to 5 signers)
- The signature data provided matches the signer on the account