An online consumer identification system has been developed for the financial services sector whi...
An online consumer identification system has been developed for the financial services sector which is designed to deal the growing problems of money laundering in the UK. Called "e-Identity", the new product from information solutions provider Experian removes the need for paper-based identification such as passports, driving licences or utility bills when opening a bank account and buying investment products. Instead of handing over key paper information, anyone using the service can authenticate the identity of the consumer by using a real-time online scoring-based identificatio...
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