IDology Adds Address Intelligence to ExpectID

IDology has integrated address verification intelligence from Loqate into its ExpectID identity verification and anti-fraud platform to help users identify suspicious transactions and verify consumer addresses. Both IDology and Logate are companies of CBG Group.

"The delivery and integration of this critical data feed capitalizes on the synergy among businesses within the GBG family and will provide customers with powerful, full-spectrum visibility to facilitate trust and quickly authenticate identities of their customers to propel business forward," said John Dancu, CEO of IDology, in a statement. "This also demonstrates our continued commitment to innovate and advance our platform, helping customers deter fraud and approve more legitimate customers faster without friction. The differentiated value from this addition is an even better, faster end-user experience, providing potential cost savings from chargebacks and call center costs related to non-deliverable addresses."

"Layering strong location intelligence data with a comprehensive mix of identity attributes is becoming increasingly important for companies across the globe to successfully onboard new customers, identify fraud and reduce costs," said Shirley Inscoe, senior analyst at Aite Group, in a statement.