Louisville, KY- (02/25/2014) Leading
funding portal, truCrowd, has partnered
Verification Systems (EVS) to help improve their overall identity
verification process for their investors and issuers. IdentiFraud Consumer will
help ensure users are who they claim to be through identity verification and
KBA. truCrowd will also use the EVS watchlists product to ensure compliance
with their KYC and AML requirements.
truCrowd serves as the preferred equity funding
portal for startups, entrepreneurs and emergent businesses while focusing to
serve only non-accredited investors. The increased identity verification and
use of KBA (knowledge based authentication) that EVS provides can further
secure user verification and help truCrowd in becoming the most secure and
fraud free funding platform for all Americans.
According to EVS Vice President of Client services,
Eric Knapp, Ive had the pleasure of getting to know and working with truCrowd
team for around a year now with another startup project. Knapp states that, I
was honored when they approached me regarding truCrowd and wanting to use the
Consumer product for truCrowd as well.
EVS proudly calls truCrowd a partner as of February
2014, and will continue to serve as a resource and industry expert. truCrowd
recognizes the need to authenticate its users to prevent money laundering and
other fraudulent activity. The equity crowdfunding industry can greatly benefit
from using the EVS IdentiFruad suite of products as they are inexpensive, easy
to integrate and proven effective with over 12 years of experience in the fraud
prevention arena, says Knapp.
For more information on EVSs fraud prevention
solutions or partnerships, please contact Eric Knapp, EVS Vice President of
Client Services, at 502.814.1020.
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.