What is 2+2 for electronic identity verification?

2+2 is the concept of matching multiple pieces of identifiable information together to verify the identity of an individual for electronic identification.

More specifically this includes the requirement of matching the name and address to 2 different sources or the name and address to 1 source and the name and date of birth to another.

The 2+2 approach takes a stricter view when compared with Standard Due Diligence and the extent of the due diligence carried out should correspond with what has been assessed to be the risk presented by the client.

When an electronic check is carried out an additional verification step must be taken to prevent the risk of fraud that is increased by not having met the individual face to face. The exact nature of this can take several forms.

Our ID verification service provides access to a range of options to help verify the identity of a customer.