Consent Based SSN Verification
CBSV: Consent Based SSN Verification
Consent Based Social Security Number Verification (CBSV) service was developed by the Social Security Administration (SSA) in 2002 to protect vital business interests. It mitigates fraud and identity theft while reducing losses, bad/negligent hires, and unauthorized workers and applicants.As an enrolled company in CBSV, IDValidation offers this service via our web platform interface.
CBSV is a unique service that offers:
- Direct access to the SSA Master File and Death Index for all business purposes
- Instant, online validation of personal identifiers: Name / SSN / Date of Birth / Death Indicator
- Virtually 100% accurate results to official governmental source records
- Validation used for:
Employment Screening (both pre- and post-hire) / Tenant Screening
Applicants (customers/clients, policyholders, students, patients, more)
Loan originations (mortgage, auto, personal), depository accounts, insurance
Creditors (retail, utilities, telecom, etc.)
Fraud investigations and by Special Investigative Units - As a compliance tool (e.g., Red Flags Rule, CIP, KYC, Fannie Mae LQI, Dodd-Frank, more)
- Fraud and ID theft protection: reduces losses, charge-offs, unauthorized workers and applicants
In 2007, the Federal Trade Commission said there are over 10 million more profiles in the system than there are consumers. CBSV thwarts fraud and identity theft by validating personal identifiers direct to the official governmental issuing authority. No other method is as effective as CBSV nor can any other method make this claim.
Gain a competitive advantage and receive the ultimate benefit of protecting your vital business interests for all your validation and compliance needs.
If you would like more information on this dynamic service or would like a representative to contact you to discuss your needs, please call us at 626-254-0000 or visit our Contact page.