Overview#Electronic Identity Verification (eIDV) is the use of information in public and private databases to quickly confirm whether an individual is who they claim to be based on personal information such as their name, date of birth, Social Security number, and address.
The result of trying to confirm an individual’s identity could be a match, nonmatch, or partial match.
- Know Your Customer laws
- Anti-Money Laundering laws
- Customer Identification Program
- Countering the Financing of Terrorism (CFT) laws.