Solutions for Banking & Finance

Melissa offers a wide range of data quality solutions for financial service providers, banks and other institutions. These solutions help you accelerate onboarding, reduce transaction times, ensure compliance with KYC regulations and minimise the risk of fraud. Contact us to see a live demonstration or get a free trial version!

What We Do

How Melissa Helps the Banking & Finance Industry

Melissa address verification and eIDV solutions go beyond simple data validation to make verified connections at speed and scale so you can deliver a customer experience founded on trust.

Stop Fraud Before It Starts
Verify identities and addresses to block fraudulent activities like synthetic IDs, stolen cards and/or unauthorized CNP transactions.
Achieve Seamless KYC & AML Compliance
Validate customer data against global standards, satisfy regulators and avoid costly fines – all without compromising speed or user experience.
Accelerate Onboarding & Boost Conversions
Eliminate friction with lightning-fast, real-time verification that keeps legitimate customers engaged and reduces drop-offs, driving higher approval rates and faster growth.
Slash Chargebacks, Disputes & Revenue Loss
Match people to addresses to prevent fraudulent disputes, cut chargeback fees, minimize merchant liability and reclaim lost revenue.
Lower Operational Costs with Accurate, Clean Data
Prevent rework, failed transactions, returned mail and manual reviews by eliminating inaccurate or incomplete information from the start – saving time, costs and resources.

Simple, Accurate & Reliable Identity Resolution

Financial institutions must verify their customers’ identities to comply with regulatory requirements and implement anti-money laundering measures. These include, for example, the Patriot Act and the Bank Secrecy Act (BSA) in the United States, as well as KYC and AML requirements in Europe. It is almost equally important to minimise reputational risks with regulators and the general public.

Global Address Verification

Confirm name and address match, and that the address is deliverable and standardised to national and international specifications for 250+ countries and territories.

Real-Time Contact Data Validation

Validate, correct, standardise and cross reference all contact data elements at point of entry – name, address, phone and email.

Location Intelligence

Add precise lat/long coordinates to postal addresses worldwide, geolocation information for IP address including city, state, country and ISP.

National ID & Age Verification

Verify an applicant or customer's Social Security Number (SSN), Driver’s License or National ID, and quickly confirm an age to prevent the activity of under-age, consumer-not-present activities.

Watchlist & Political Exposed Persons (PEP) Screening

Check an individual against OFAC and other federal and international databases containing economic and trade sanctions against certain nations, entities/businesses and individuals.

KYC/KYB & AML Compliance

Cross-reference a person’s name and address with their national ID, date of birth, phone and email for comprehensive electronic identity verification. 2+2 verification uses two independent data sources to verify a person’s identity.

Record Matching & Consolidation

Uncover, merge and purge difficult-to-find duplicate records.

Mobile Identity Verification

Verify and authenticate identity with data from trusted Mobile Network Operator (MNO) sources.

Contact Melissa and Request a Demonstration

Once you’ve reached out, a Melissa representative will get in touch with you shortly. If you’d like, you can get access to a free trial, or our team can show you the capabilities of our data quality solutions in a live demonstration. We’d also be happy to answer any questions you may have and advise you on which solution best fits your requirements, use case and budget.

Request Demo Now

ETL/MDM PlatformsMelissa offers a host of solutions for full spectrum data quality to ensure the success of your data.