How Melissa Meets the Demands of Financial Services
For 40 years, Melissa has provided contact data quality and identity verification solutions to more than 10,000 customers worldwide. We use the most up-to-date, multisource datasets to bring you accurate and reliable information you can use across the enterprise. Utilise our solutions to:
Protect against money laundering & fraud
Reduce cost & speed up client onboarding
Provide a single view of the customer for KYC compliance
Improve target marketing, analytics & sales initiatives
Simple, Accurate & Reliable Identity Resolution
Financial institutions must seek to verify the true identities of their customers as part of AMLD and Sanctions Acts to remain compliant with current and future measures. Almost equally important – avoid reputational risk with regulators and the general public.
Identity Verification
Meet global KYC & AML standards with real-time identity verification including name to address match, 2+2 checks, age verification and global PEPs & sanctions screening.
ID Document Verification
Scan and verify national ID’s and documents against an individual’s selfie as well as check liveness of a person for anti-fraud, KYC compliance and onboarding processes.
Real-Time Contact Data Standardise
Validate, correct and standardise all contact data elements at point of entry – name, address phone and email. Autocomplete addresses as you type, and add precise lat/long coordinates to your address data.
Location Intelligence
Add lat/long coordinates for 240+ countries, geolocation information for IP address including city, state, country and ISP, and mortgage and property data including parcel information, owner info, appraised value, land value and much more.
Record Matching & Consolidation
Uncover, merge and purge difficult-to-find duplicate records. Melissa’s unique methods for determining the most accurate view of the customer collapses multiple records into one while retaining any additional information that may be accurate and applicable.
Data Enrichment
Enrich your customer and business records with 100s of detailed demographic elements including date of birth, deceased info and marital status, and firmographic info including SIC/NAICS codes, employee size and more.
GDPR Risk Audit
With stringent right to erasure, regulation in place, organisations are at-risk for non-compliance and massive fines. Melissa provides audits of all your SCV and MDM hubs to find and fix the fuzzy matching errors that others miss.
Know Your Business (KYB) Checks
Identify and verify the validity of business data in multiple countries and regions worldwide to meet regulatory compliance.
The Fintech Show – KYC Bumper Episode
The Fintech show looks at the whole know your customer aspect within the financial industry. Get the low down on how digital platforms and various institutions can really know who you are.
Case Study: MetaBank
Find out how MetaBank successfully dealt with different data formats, incomplete records, duplicates, and inaccurate data with the help of Melissa’s data cleansing solutions.
View MetaBank's Case Study
Gained 360-degree
view of customers
Identify customer’s
true identity
Improved customer
experience & satisfaction
Eliminated false positives
Save costs by eliminating
duplicate records
