Identity Verification Overview

  • Updated

Identity Verification (IV) is a service that enables you to identify the owner(s) of an account. This includes the full name(s) associated with an account, and, depending on the institution and the data available, it may also include postal address, email address, phone number, and date of birth. IV may be used to enable any number of use cases including transfers, underwriting, fraud and risk mitigation, cybersecurity, regulatory compliance, and more. 

IV has also been known as Identity, Account Owner Verification, and Identification. It may be referred to as such in technical documentation

IV should be accessed through the MX Platform API. However, it is also available in the Nexus and Atrium APIs for legacy clients or non-standard integration situations. 

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