Louisville, KY- (07/29/2014) Identity
verification and authentication solutions provider, Electronic Verification
Systems (EVS), announced late last month that they would be adding an
additional Watch List to their services. With the addition of the European
Union Consolidated Watch List businesses can better meet Know Your Customer
(KYC) and Anti-Money laundering regulations. This new offering has the ability
to perform through their Web Service API or
using a secure browser-based interface. EVS has added EU to their Watch Lists
while still maintaining their competitive low cost.
Electronic Verification Systems has released this offering with the
ability to perform Watch List Screening along with Identity Verification and Dynamic KBA, making it easier for
clients to meet their compliance requirements all in one step. Many industries, such as financial and gaming, have
extremely strict compliance guidelines, which require EU Watch List screening.
With this expansion, EVS can better help those clients meet compliance
According to EVSEVP of Client Development, Eric Knapp,
We have had feedback from clients asking us to
incorporate the EU Watch List into our Watch List Solution.Many of our
clients are international and their KYC/AML requirements dictate checking
against the EU Watch List in addition to the different US Watch Lists.
states that, Now, in one transaction, clients
can satisfy their KYC/AML compliance requirements and rest assured their
customers are who they claim to be.
EVS introduced this new offering in July 2014 because there are many industries
that can benefit from EU Watch List screening. Watch List Screening can be
performed as separate transactions, or consolidated with IdentiFraud Consumer,
IdentiFraud DL, or IdentiFraud SSN transactions. Our clients
asked for more Watch List Screening solutions and weve provided them. says Knapp.
For more information on EVSs fraud prevention solutions or partnerships,
please contact Eric Knapp, EVS Vice President of Client Services, at
About Electronic Verification Systems
Electronic Verification Systems is a leading provider of fraud
prevention solutions designed to help businesses combat identity theft, control
costs, satisfy governmental regulation, and support audit and control
requirements. With major clients in the financial services, retail product,
brokerage, education, insurance, and corporate security industries, Electronic
Verification Systems provides powerful and innovative solutions to businesses
and organizations across the world.