Directid - Identity Verification direct from the bank to you

FASTER.
EASIER.
STRONGER.
ANTI-IMPERSONATION, CREDIT RISK
UNDERWRITING AND CUSTOMER
ONBOARDING

TRUST TEAM.
AND OUR VALUES
Focus on all of our customers' success
Duty of care to our consumers, privacy and their data
Committed to being the best

WHO WE HELP.
FROM ONLINE LENDERS THROUGH TO
RETAIL BANKS, CONSUMER FINANCE AND
MORE
Affordability / Anti-Impersonation / Anti-Money Laundering / Conduct
Risk Management / Credit Risk & Regulation Management / Credit Risk
Underwriting / Financial Crime / Fraud Prevention & Detection / Identify
Payment Windows / Know Your Customer

HOW IT WORKS.
CONSUMERS
+ BUSINESSES
BANK VERIFICATION
+ DOCUMENT CHECKS
+ BUREAU CHECKS
ONLINE DASHBOARD
+ RESTFUL API
+ DELOITTE ANALYTICS
LIGHTNING FAST VERIFICATION. CUSTOMISED DESIGN. FLEXIBLE
IMPLEMENTATION. RICH DATA AND REPORTING.

DirectID is a miiCard Limited product
© miiCard® | All rights reserved 2016 | Registered in Scotland SC400459
HOW IT WORKS.
1. Embed the DirectID Widget in your customer
onboarding or decisioning process
build your own user experience or let us host it for you
2. Have your consumers authenticate to their
existing online bank account
currently averaging 24 seconds and covering over 4500 banks in 31 countries
3. Leverage the Bank Verified Identity or use the Live
Financial Data for easier, faster & stronger
rich insights either through the RESTful API or online dashboard
GETTING STARTED IN THREE EASY STEPS

USER JOURNEY.
ANGELA GREEN, THE FIRST TIME BUYER
A 30 year-old Project Manager at a fintech startup. She’s always been careful with
her money, works hard, saves hard and has almost paid off her Student Loan.
She’s looking to buy an apartment, but ironically, because she has no credit cards,
has so far only been offered high interest rate mortgage products.
Being so good with money, Angela finds this unreasonable and has so far refused
what she deems to be “uncompetitive” offers.

ANGELA GREEN, THE FIRST TIME BUYER.
She goes to
the website on
her mobile on
her way home
and applies
for the loan
AFTER FINDING OUT ABOUT AN ONLINE LENDER, ANGELA APPLIES FOR A MORTGAGE
Angela is
asked to
share her
online bank
statement
for an
instant
decision
Angela… After just a
few seconds
she’s done.
The whole
process has
taken just
minutes.
Angela gets
an instant
decision
based on her
live financial
data – and
it’s good.
She’s happy!
21 3 4 5

PLATFORM OVERVIEW.
Simple Integration
Start to finish in hours, not days
Integrated Workflow
Configured to your needs
Multiple Methods
Bank, Bureau & Document
Platform DataUX
Aggregation
SPA Widget
Hosted Pages
Front End API
Dashboard
Data API
Insights/Analytics/
Financial Graph
Bank Bureau Document

FASTER.
EMBEDDED UX WITH CUSTOM LOOK & FEEL
DirectID integrated into the user experience in three ways

FRONT-END API.
Supporting Native Integration
With Bank Verification & Live Financial Data
From over 4,500 global banks in 31 countries
Bureau & Document Checks
And other data sources
Configurable Workflow
Supporting multiple user flows
RESTFUL API SUPPORTING USER INTERACTION
RESTful API

THE DIRECTID WIDGET.
Embedded UX in a box
No iFrames or redirects required
Provides a complete User Experience
For any configured workflow
Simple integration
Using JavaScript library and events
Fully customisable
Using through CSS supporting LESS theming
Secure
Through oAuth2 authentication and Tokenisation over SSL
EMBEDDED USER EXPERIENCE WITH YOU IN CONTROL

HOSTED PAGES.
Integration Free
We take care of everything for you
Personalised URL
Supporting domain mapping
Customized to your Brand
Fully Responsive
EMBEDDED USER EXPERIENCE WITH YOU IN CONTROL

NOW WITH PAYMENT CONFIRMATION.
NEW FEATURE PROVIDING AUTHENTICATED PAYMENT ACCOUNT OWNERSHIP
Payment Account Selector
Account Number Confirmation
Routing Number / Sort Code

EASIER.
ONE PLATFORM, ONE API, MANY SERVICES

ONE API.
RESTful API’s
Supporting JSON, XML and standard formats
User Experience Callbacks
Through web hooks and real time responses
Providing Full Data Reports and Rich Insights
Including ongoing data access and manual refreshes
Standard Libraries Available
With C#, Java and PHP sample apps

THE DIRECTID DASHBOARD.
Support, Reports, Analytics & Insights
In a single, simple interface
Bank Statement Download
In formats such as PDF, CSV
Individual Agent Credentials
Supporting call centre operations
Email Verification Request
Supporting one time tokens

STRONGER.
BANK AUTHENTICATION FOR STRONGER
ANTI IMPERSONATION

DIRECTID FOR UNDERWRITING.
Affordability
Credit Risk Underwriting
Fraud Prevention
Financial Crime

DIRECTID FOR ONBOARDNG.
Anti-Impersonation
Accelerated Processing
Credit Risk & Regulation
Conduct Risk Management

DIRECTID FOR COMPLIANCE.
Know Your Customer
Anti-Money Laundering
Financial Crime

DIRECTID FOR COLLECTIONS.
Fraud Prevention
Credit Risk & Regulation
Identify payment windows
Affordability

DIRECTID FOR ANTI-IMPERSONATION
WITH BANK VERIFICATION AND LIVE FINANCIAL DATA
Bureau
Name
Address
Date of Birth
Chip and Pin (MFA)
Geolocation
Bank Authentication
‘Something only you would know’
That comes from a trusted source
Supports MultiFactor Authentication
‘Something only you would have’
Customer
onboarding process
Bureau Bank Data
Account(s)
Bank(s)
Account Activity
Recurring Payments (SO,DD,etc)
Geolocation of Transactions
Point of Sale Transactions
Account Holder Name
Account Number(s)
Routing No(s) / Sort Code(s)
Bank Name
Bank Region
Live Financial Data
Bank Verification &
Live Financial Data

DIRECTID FOR ANTI-IMPERSONATION
1. Bank Verification and Live Financial Data (30sec)
High Assurance / Fast UX / Supporting MFA for greater assurance
2. Document Check (2min)
Medium Assurance / Quick UX / Additional evidence
3. Bureau
Low Assurance / part of standard practice in all cases
EXAMPLE USER EXPERIENCE AND FLOW

PREDICTIVE MODELLING.
Customised Rules
Based on scores and profiles
Fuzzy Logic
Full exposition and automation
Live Financial Data
& bureau data together
STATISTICS AND COMPUTATIONAL INTELLIGENCE FOR CREDIT RISK UNDERWRITING

DELOITTE
PARTNERSHIP.
DIRECTID NOW POWERED BY
DELOITTE INSIGHTS

DIRECT DEBIT & STANDING ORDER
SWITCHER
Aggregating the view of DD/SO to
supporting switching customers can
accelerate the time to bring them on, and
reduce drop-out.
Further automation of DD transfer forms
back to the incumbent bank will create
efficiencies across the operation.
Friction is reduced across the customer
journey.
ONE OF MANY EXAMPLES

BUREAU DATA.
AVAILABLE IN BOTH THE US AND UK
Supported through Equifax, ID Analytics and Call Credit

BUREAU CHECK (UK).
Anti-Money Laundering
Know Your Customer
Credit Reports
Company Checks
PROVIDED THROUGH CALL CREDIT

BUREAU CHECK (US)
Standard Bureau
Checks and Data
Services
(coming soon)
PROVIDED THROUGH EQUIFAX
Account verify™
ACROFILE® and AcrofilePlus ®
Address Variance Indicator
Auto-DTEC ®
Business Principal Report
Consumer Telephone Service
DTEC™
Equifax SSN Affirm
FINDERS ®
Identity Scan
ID REPORT ™
North American Link
OFAC Alert ™
Bankruptcy Navigator Index ® ‘99
Bankruptcy Navigator Index ® 4.0
FICO ® Credit Capactiy Index
FICO ® Risk Score, Classic
FICO ® Risk Score, NextGen
Enhanced Delinquency Alert System ™
Equifax Risk Score ™
Personal Income Model ™
Vantage Score ™

ID ANALYTICS (US).
ID Check
Identity & Fraud
Credit Optics
Credit Scoring
Comply360
ID&V, AML & KYC

COVERAGE.
31 COUNTRIES, 4,500 BANKS AND OVER 500M
POTENTIAL CUSTOMERS.
Australia, Canada, France, Hong Kong, India, Ireland, Israel, New Zealand,
Singapore, South Africa, Spain, Thailand, United Arab Emirates, United
Kingdom and the United States & more

partner bank customer partner customer lending customer lending customer lending customercustomer
customer lending customer lending customer lending customer
analytics partner dating customer customer lending customercustomer lending customer
customer payment customer
partner
partner
data partner
lending customer
data partner
data partner
customer
lending customer
CUSTOMERS.
AND PARTNERS
bank customer

PROSPER MARKETPLACE.
Enable Growth
Replace Documents
Identity
Payment Certainty
Affordability
NOW OVER $6 BILLION IN LOANS

EMONEYUNION.
Reduce Fraud
Replace Documents
Applicant Fraud down 75%
Affordability for FCA
P2P HOME SECURED LENDING

FAIR FINANCE.
Customer Onboarding
‘Beyond Bureau’
Consumer & Business
ID & Affordability
ETHICAL LENDING FOR FINANCIALLY EXCLUDED

SUPPORTING
YOU.
YOUR SUCCESS IS OUR SUCCESS
Dedicated Account Management / Online Knowledge Base / Hands on
Integration Support / Design and User Experience Support

SECURITY.
Data Encryption
Symmetric 256bit AES (advanced encryption standard) using a Galois/Counter Mode
block cipher.
Security Keys
Shared secrets are generated by the Elliptic Curve Diffie Helman (ECDH)
Protocols & Widget
oAuth 2, Active Directory and tokenized security protects our services
Compliance
DirectID and our partners support ISO27k, PCI-DSS, SSAE16 and SOC 3

PRIVACY.
Consumer Centric
Empowering consumers to share their data securely
Implicit Consent
Data is only ever shared with the Consumers consent with that company
Data Protection
Personal identifiable information is never sold or shared
Regulatory
Supporting PSD2, OBWG and other initiatives

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