Ebook

VerifyNow

VerifyNow

Pages 4 Pages

VerifyNow™ from Fiserv is a real-time fraud prevention solution designed to help government agencies reduce fraud exposure and streamline approval processes for legitimate payment claims. It leverages multiple third-party data sources for identity and account ownership verification, including geolocation, phone ownership, and high-risk identifiers. VerifyNow supports various verification methods, including instant and real-time verification, and trial deposits. It offers flexible rule configurations and integrates seamlessly with government systems through APIs. The solution helps minimize manual review, provides faster approvals, and prevents fraud, especially in funding programs like unemployment insurance and childcare.

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