Glossary entry
Identity verification
Identity verification (IDV) is the process of confirming a person’s identity using documents, data sources, and verification checks.
Category
Lending technology
Definition
Common IDV steps
- Document capture and validation
- Data matching against trusted sources
- Liveness or biometric checks (where used)
What to capture for evidence
- Checks performed and results
- Provider used and timestamps
- Any manual overrides and reasons
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