SmartSearch has added global information and insights company, TransUnion, to its identity-check partners.
SmartSearch now uses global data partners Experian, Equifax and TransUnion, for its electronic verification and digital compliance platform.
The new partnership adds TransUnion’s billion-plus consumer records from over 30 countries to the SmartSearch perpetual Know Your Customer suite of identity, business, and sanctions checks.
Guy Harrison, SmartSearch CEO, said: “Adding TransUnion’s data to our armoury means we can further safeguard our clients against the financial and reputational consequences of money laundering and sanctions breaches – and we can also help them to drive efficiencies, save costs and transform their own customer journeys.”
TransUnion receives hundreds of millions of data records each month from numerous sources to create an actionable picture of each person so they can be reliably represented in the marketplace.
Adam Hancox, director of partnerships at TransUnion in the UK, said: “We’re excited to have partnered with SmartSearch to be able to assist their customers in making more accurate identity decisions, and to minimise fraud and money laundering risk. By proactively identifying risky transactions and fraudulent devices which may have been connected to account takeover and money laundering, businesses can reduce operational expenses and build trust with their customers.”
