In addition to negative files, RSS has the ability to access and validate most bank accounts in the US, including the account status, risk, and existence.
RSS can help you “know your customer” by validating their ID, address, and when appropriate, their credit score -all through internal & external RSS databases.
Before extending credit, you can utilize RSS to authenticate, validate, and prescreen consumers to be sure they don’t have delinquent obligations.
RSS can support multi-factor authentication (MFA) workflows using out-of-band one-time passcodes delivered via SMS and/or email to validate user identity and reduce unauthorized access. Delivery channel selection, fallback rules, and audit logging can be configured to align with the client’s risk thresholds and compliance requirements.
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