It is said that a true man wears his own identity wherever he goes. Identity score as defined from financial institutions determines the validity of a person’s individuality.
Identity score always deals with persons public realm. Identity score is gradually gaining popularity in the sector of banking and commercial dealing.
It is now been considered as a reliable concept to tackle the rising cases of forgery, corruption and deceit in business dealings.
By applying identity score banks and associated organizations can assess the public identity records.
Identity scores contain a detailed account of consumer data that assures a persons legitimacy.
Identity score components can include personal Identifiers public records, Internet data, government records, corporate data, predicted behavior patterns based on empiric data, self-assessed behavior patterns, and credit records.
It is also right to mention that identity scoring is an upcoming measure that directly assists crime investigation and proposes to prevent anti-terrorism.
Identity scores can be broadly categorized under three heads:
a) public records,
b)...