Epic River’s industry leading, advanced identity verification technologies ensure that all signers are who they say they are. We use a multi-factor authentication system that combines ID Document Validation, Biometrics and Knowledge Based Authentication (KBA) to provide the highest level of security.
The Platform @EpicRiver is built to support the needs of our existing and future solutions. Advanced ID verification provides protection for all parties, removing liabilities now and in the future.
ID Document Validation
Forensic authentication against a valid, government issued ID such as a driver’s license, passport, birth certificate or citizenship certificate. We compare applicant supplied data, such as name, date of birth, address, and SSN with other trusted databases to determine if there is a match.
Facial recognition authentication against the provided government-issued ID paired with a signer selfie taken using Epic River’s patent pending liveness detection technology for spoofing prevention.
Knowledge Based Authentication (KBA)
Dynamic, knowledge-based authentication utilizing questions formulated from public and proprietary data sources. Epic River’s KBA is in full compliance with MISMO Remote Online Notarization Standards.
- Meets stringent SBA requirements for online loan closing
- More accurate than bank staff at detecting fraud
- Allows at-home and after-hours closings with confidence
- Does not rely on email address nor out-of-wallet information that is commonly shared amongst multiple individuals
Perhaps no issue is more consequential to the future of community banking than technological innovation.
– Jelena McWilliams, FDIC Chairman