Go beyond the simple review of physical ID documents and truly verify the identity of your clients. With Treefort’s advanced multi-factor identity authentication technology, you get a complete picture of who you are dealing with, protecting you from involvement in fraud and money laundering activity.
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Goes Beyond Physical ID Review to Verify Identity
Fake identification has become increasingly sophisticated and difficult to detect. The traditional process of reviewing ID documents can be stressful and overwhelming with a high level of expertise needed to detect fakes. Most ID review technology tools available are limited, reviewing the same core indicators which make them easy to bypass.
A Treefort IDV, gives you the tools to confidently verify your client’s identity using a combination of technology and information sources, enabling you to know that your clients are who they claim to be.
Traditional ID Verification
Traditional ID Review
Treefort Identity Verification
A Treefort IDV combines advanced technology with aggregated information drawn from a large network of trusted reliable source providers to verify your client’s identity and meet your professional KYC requirements.
Technology and Information Partners
Banking Verification
Biometrics
Credit Verification
ID Document Analysis
Phone Data Verification
Banking Verification in a Treefort IDV is an additional (and optional) fraud mitigation tool, providing you with the most effective layer of protection. Banking Verification enhances your IDV report by factoring in historical bank account information and allows you to make a more informed assessment of your client.
Banking Verification is best used when:
Your new client is not known to the firm
Acting on a mortgage free property
The transaction involves a private lender
There is a quick closing date on transaction
You have identified other key red flags in the transaction
Banking information is exchanged securely via the client’s financial institution. There are no passwords, account access or balances shared with Treefort or you as the IDV requestor.
Extensive, Easy-to-Read IDV Reports
Treefort’s expansive IDV Reports are designed to document your client’s identification information and provide insight on potential risk indicators of fraud and money laundering activity associated with the individual.
Risks are identified via a rigorous Know Your Client (KYC) assessment made across the three fundamental KYC elements:
Fraud
Checks for indicators of potential identity theft fraud using Treefort's proprietary algorithm and network of reliable source partners.
Compliance
Satisfies Government ID, Credit File and Dual Source identification methods.
Anti-Money Laundering (AML)
Identifies potential money laundering risks, including political watch and sanction lists.
Improves your workflow by automating the traditional process of collecting, scanning, retaining, and reviewing physical ID documents. IDV tests are easy to administer and simple for your clients to complete!
End-to-end encryption of data transmitted during IDV test.
IDV Reports are accessible only to specified users via permission-based access controls.
Treefort’s Customer Support Team is available to assist you and your clients via phone or email. An online Knowledge Base also available for self-help support.
Canadian Lawyer:
Stewart Title offers Treefort IDV solution to Canadian legal professionals
Edmonton Journal:
Cybercriminals might try to steal your home but cyber-security firm has tech to thwart them
CBC:
The anatomy of a stolen home — and how 3 suspects got caught
CMP:
How Key Law, partners use Treefort Technologies to prevent fraud
Stewart Title is committed to working with the Canadian legal community to maintain their reputation as trusted quarterbacks of real estate transactions. Our investment in Treefort is an example of this commitment, as we work together to safeguard real estate transactions from being a target for title fraud and money laundering activity.
Treefort's identity verification tools make it simple for legal practices to confidently move forward with their clients and avoid the stress of potential involvement in title fraud.
Interested in bringing Treefort IDV tools to your office?
Register here or enter your details and a Stewart representative will be in touch.