Whether to comply with industry regulation or prevent fraud, knowing your customer is a critical component to success. Today’s financial institutions need to feel confident in customer interactions over a number of channels and a variety of transactions.

The Know Your Customer suite of FIS Decision Solutions combines compliance, fraud prevention and identity verification into solutions that can be integrated to address specific business needs. Built for flexibility, Know Your Customer solutions are easily integrated into systems and have options for real-time or batch processing in a number of environments.

FIS Account Ownership

FIS Account Ownership is used to instantly establish an account as a credible funding source and measure the quality of the account. Drawing on millions of checking account records and consumer data in FIS DebitBureau^®, Account Ownership can eliminate the need for more intrusive risk management procedures such as challenge deposits, ultimately reducing cost and promoting increased customer satisfaction.

FIS Background Reports

Our background checking solution delivers instant and easy-to-read reports offering basic, extended and complete levels of consumer information required as part of the background verification process. Background Reports users can choose the report that best fits their business need.

FIS ID Verification

This flagship compliance solution provides a robust platform that integrates into new account opening processes and quickly verifies the identities of account applicants. Though a user-friendly online interface, this compliance solution is an effective records management system, archiving results for later management review or procedural audit.

FIS Government List Screening

In addition to the OFAC list, FIS Government List Screening provides financial institutions with the option to screen customers and applicants against a variety of other watch lists. Customers may choose to use this solution on a stand-alone basis or as part of a more robust ID verification service. FIS Decision Solutions can continually monitor your customer list against any new additions to watch lists and alert you to any potential matches.

FIS ID Authentication

In situations where it may be difficult to know who you’re dealing with, such as online transactions, FIS ID Authentication gives you another layer of security through further validating identity using out-of-wallet questions. The data sources used in this solution make it possible to ask questions that may not be readily obtained from a stolen credit report.