The terms related to vetting identities are often used incorrectly, and can result in significant confusion around the different processes associated with making sure an identity is real.  “Identity Verification”, “Identity Validation” and “Identity Authentication” are often used interchangeably, but actually have subtle differences in meaning. 

Identity Validation means ensuring that identity data represents real data, for example ensuring that a Social Security Number has been issued by the Social Security Administration is not associated with a deceased individual.

Identity Verification means ensuring that identity data is associated with a particular individual, for example matching date of birth and address to an individual’s name.

Identity Authentication refers to a process of determining that an individual is who they claim to be, for example asking dynamic Knowledge-Based Authentication questions that would be difficult for an a different individual to answer.

IdentiFraud Consumer by Electronic Verification Systems can perform Identity Validation, Identity Verification, and Identity Authentication with a single transaction.