CARD.com, a provider of personalized affinity prepaid debit cards, has partnered with technology firm IDology to improve the customer approval process and fight prepaid card fraud.
CARD.com has integrated IDology’s real-time, on demand identity verification and fraud prevention solution into its Customer Identification Program (CIP) process.
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IDology claims that the integration will improve CARD.com’s customer approval cycle, streamline customer onboarding and also prevent fraud.
Commenting on the deal, CARD.com CEO and founder Ben Katz said: "We are excited to partner with IDology and help us quickly and easily verify customers throughout the onboarding process."
"Ensuring that legitimate customers can gain access to our services without friction while also stopping fraud and meeting the necessary compliance regulations are the main reasons why we selected IDology’s solution," Katz added.
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By GlobalData
