directid - identity verification direct from the bank to you

FASTER.EASIER.STRONGER.ANTI-IMPERSONATION, CREDIT RISK UNDERWRITING AND CUSTOMER ONBOARDING

TRUST TEAM.AND OUR VALUES

Focus on all of our customers' success Duty of care to our consumers, privacy and their data Committed to being the best

WHO WE HELP.FROM ONLINE LENDERS THROUGH TO RETAIL BANKS, CONSUMER FINANCE AND MORE

Affordability / Anti-Impersonation / Anti-Money Laundering / Conduct Risk Management / Credit Risk & Regulation Management / Credit Risk Underwriting / Financial Crime / Fraud Prevention & Detection / Identify Payment Windows / Know Your Customer

HOW IT WORKS.

CONSUMERS+ BUSINESSES

BANK VERIFICATION+ DOCUMENT CHECKS+ BUREAU CHECKS

ONLINE DASHBOARD+ RESTFUL API+ DELOITTE ANALYTICS

LIGHTNING FAST VERIFICATION. CUSTOMISED DESIGN. FLEXIBLE IMPLEMENTATION. RICH DATA AND REPORTING.

DirectID is a miiCard Limited product

© miiCard® | All rights reserved 2016 | Registered in Scotland SC400459

HOW IT WORKS.

1. Embed the DirectID Widget in your customer onboarding or decisioning processbuild your own user experience or let us host it for you

2. Have your consumers authenticate to their existing online bank accountcurrently averaging 24 seconds and covering over 4500 banks in 31 countries

3. Leverage the Bank Verified Identity or use the Live Financial Data for easier, faster & strongerrich insights either through the RESTful API or online dashboard

GETTING STARTED IN THREE EASY STEPS

USER JOURNEY.ANGELA GREEN, THE FIRST TIME BUYERA 30 year-old Project Manager at a fintech startup. She’s always been careful with her money, works hard, saves hard and has almost paid off her Student Loan. She’s looking to buy an apartment, but ironically, because she has no credit cards, has so far only been offered high interest rate mortgage products. Being so good with money, Angela finds this unreasonable and has so far refused what she deems to be “uncompetitive” offers.



ANGELA GREEN, THE FIRST TIME BUYER.

She goes to the website on her mobile on her way home and applies for the loan

AFTER FINDING OUT ABOUT AN ONLINE LENDER, ANGELA APPLIES FOR A MORTGAGE

Angela is asked to share her online bank statement for an instant decision

Angela… After just a few seconds she’s done. The whole process has taken just minutes.

Angela gets an instant decision based on her live financial data – and it’s good.

She’s happy!

21 3 4 5



PLATFORM OVERVIEW.

Simple IntegrationStart to finish in hours, not days

Integrated WorkflowConfigured to your needs

Multiple MethodsBank, Bureau & Document

Platform DataUX

Aggregation

SPA Widget

Hosted Pages

Front End API

Dashboard

Data API

Insights/Analytics/Financial Graph

Bank Bureau Document

FASTER.EMBEDDED UX WITH CUSTOM LOOK & FEEL

DirectID integrated into the user experience in three ways



FRONT-END API.

Supporting Native IntegrationWith Bank Verification & Live Financial DataFrom over 4,500 global banks in 31 countries

Bureau & Document ChecksAnd other data sources

Configurable WorkflowSupporting multiple user flows

RESTFUL API SUPPORTING USER INTERACTION

RESTful API



THE DIRECTID WIDGET.

Embedded UX in a boxNo iFrames or redirects required

Provides a complete User ExperienceFor any configured workflow

Simple integrationUsing JavaScript library and events

Fully customisable Using through CSS supporting LESS theming

SecureThrough oAuth2 authentication and Tokenisation over SSL

EMBEDDED USER EXPERIENCE WITH YOU IN CONTROL



HOSTED PAGES.

Integration FreeWe take care of everything for you

Personalised URLSupporting domain mapping

Customized to your BrandFully Responsive

EMBEDDED USER EXPERIENCE WITH YOU IN CONTROL



NOW WITH PAYMENT CONFIRMATION.NEW FEATURE PROVIDING AUTHENTICATED PAYMENT ACCOUNT OWNERSHIP

Payment Account Selector

Account Number Confirmation

Routing Number / Sort Code

EASIER.ONE PLATFORM, ONE API, MANY SERVICES



ONE API.

RESTful API’sSupporting JSON, XML and standard formats

User Experience CallbacksThrough web hooks and real time responses

Providing Full Data Reports and Rich InsightsIncluding ongoing data access and manual refreshes

Standard Libraries AvailableWith C#, Java and PHP sample apps



THE DIRECTID DASHBOARD.

Support, Reports, Analytics & InsightsIn a single, simple interface

Bank Statement DownloadIn formats such as PDF, CSV

Individual Agent Credentials Supporting call centre operations

Email Verification RequestSupporting one time tokens

STRONGER.BANK AUTHENTICATION FOR STRONGER ANTI IMPERSONATION



DIRECTID FOR UNDERWRITING.

AffordabilityCredit Risk UnderwritingFraud Prevention Financial Crime



DIRECTID FOR ONBOARDNG.

Anti-ImpersonationAccelerated ProcessingCredit Risk & RegulationConduct Risk Management



DIRECTID FOR COMPLIANCE.

Know Your CustomerAnti-Money LaunderingFinancial Crime



DIRECTID FOR COLLECTIONS.

Fraud PreventionCredit Risk & RegulationIdentify payment windowsAffordability



DIRECTID FOR ANTI-IMPERSONATIONWITH BANK VERIFICATION AND LIVE FINANCIAL DATA

BureauNameAddressDate of Birth

Chip and Pin (MFA)Geolocation

Bank Authentication

‘Something only you would know’

That comes from a trusted source

Supports MultiFactor Authentication

‘Something only you would have’Customer

onboarding process

Bureau Bank Data

Account(s)Bank(s)

Account ActivityRecurring Payments (SO,DD,etc)Geolocation of Transactions

Point of Sale Transactions

Account Holder NameAccount Number(s)Routing No(s) / Sort Code(s)Bank Name

Bank Region

Live Financial Data

Bank Verification & Live Financial Data



DIRECTID FOR ANTI-IMPERSONATION

1. Bank Verification and Live Financial Data (30sec)High Assurance / Fast UX / Supporting MFA for greater assurance

2. Document Check (2min)Medium Assurance / Quick UX / Additional evidence

3. BureauLow Assurance / part of standard practice in all cases

EXAMPLE USER EXPERIENCE AND FLOW



PREDICTIVE MODELLING.

Customised RulesBased on scores and profiles

Fuzzy LogicFull exposition and automation

Live Financial Data& bureau data together

STATISTICS AND COMPUTATIONAL INTELLIGENCE FOR CREDIT RISK UNDERWRITING

DELOITTE PARTNERSHIP.DIRECTID NOW POWERED BYDELOITTE INSIGHTS



DIRECT DEBIT & STANDING ORDER SWITCHER

Aggregating the view of DD/SO to supporting switching customers can accelerate the time to bring them on, and reduce drop-out.

Further automation of DD transfer forms back to the incumbent bank will create efficiencies across the operation.

Friction is reduced across the customer journey.

ONE OF MANY EXAMPLES

BUREAU DATA.

AVAILABLE IN BOTH THE US AND UK

Supported through Equifax, ID Analytics and Call Credit



BUREAU CHECK (UK).

Anti-Money LaunderingKnow Your CustomerCredit ReportsCompany Checks

PROVIDED THROUGH CALL CREDIT



BUREAU CHECK (US)

Standard Bureau Checks and Data Services(coming soon)

PROVIDED THROUGH EQUIFAX

Account verify™

ACROFILE® and AcrofilePlus ®

Address Variance Indicator

Auto-DTEC ®

Business Principal Report

Consumer Telephone Service

DTEC™

Equifax SSN Affirm

FINDERS ®

Identity Scan

ID REPORT ™

North American Link

OFAC Alert ™

Bankruptcy Navigator Index ® ‘99

Bankruptcy Navigator Index ® 4.0

FICO ® Credit Capactiy Index

FICO ® Risk Score, Classic

FICO ® Risk Score, NextGen

Enhanced Delinquency Alert System ™

Equifax Risk Score ™

Personal Income Model ™

Vantage Score ™



ID ANALYTICS (US).

ID CheckIdentity & Fraud

Credit OpticsCredit Scoring

Comply360ID&V, AML & KYC

COVERAGE.31 COUNTRIES, 4,500 BANKS AND OVER 500M POTENTIAL CUSTOMERS.

Australia, Canada, France, Hong Kong, India, Ireland, Israel, New Zealand, Singapore, South Africa, Spain, Thailand, United Arab Emirates, United Kingdom and the United States & more

partner bank customer partner customer lending customer lending customer lending customercustomer

customer lending customer lending customer lending customer

analytics partner dating customer customer lending customercustomer lending customer

customer payment customer

partner

partner

data partner

lending customer

data partner

data partner

customer

lending customer

CUSTOMERS.AND PARTNERS

bank customer



PROSPER MARKETPLACE.

Enable GrowthReplace DocumentsIdentityPayment CertaintyAffordability

NOW OVER $6 BILLION IN LOANS



EMONEYUNION.

Reduce FraudReplace DocumentsApplicant Fraud down 75%Affordability for FCA

P2P HOME SECURED LENDING



FAIR FINANCE.

Customer Onboarding‘Beyond Bureau’Consumer & BusinessID & Affordability

ETHICAL LENDING FOR FINANCIALLY EXCLUDED

SUPPORTING YOU.YOUR SUCCESS IS OUR SUCCESS

Dedicated Account Management / Online Knowledge Base / Hands on Integration Support / Design and User Experience Support

SECURITY.Data EncryptionSymmetric 256bit AES (advanced encryption standard) using a Galois/Counter Mode block cipher.

Security KeysShared secrets are generated by the Elliptic Curve Diffie Helman (ECDH)

Protocols & WidgetoAuth 2, Active Directory and tokenized security protects our services

ComplianceDirectID and our partners support ISO27k, PCI-DSS, SSAE16 and SOC 3

PRIVACY.Consumer CentricEmpowering consumers to share their data securely

Implicit ConsentData is only ever shared with the Consumers consent with that company

Data ProtectionPersonal identifiable information is never sold or shared

RegulatorySupporting PSD2, OBWG and other initiatives

THANK YOU.WWW.DIRECTID.CO