Solutions for the Banking Industry

How Melissa Meets the Demands of Financial Services

For more than 30 years, Melissa has provided contact data verification and cleansing solutions, including identity resolution, to more than 10,000 customers worldwide. We use the most up-to-date, multisource datasets to bring you accurate and reliable information you can use across the enterprise. Our solutions:

Protect against money laundering & fraud

Reduce cost & speed up client onboarding

Provide a single view of the customer for KYC compliance

Improve target marketing, analytics & sales initiatives

Simple, Accurate & Reliable Identity Resolution

Banks must seek to verify the true identities of its customers as part of the Patriot Act, remain compliant with the Bank Secrecy Act, and support anti-money laundering efforts. Almost equally important – avoid reputational risk with regulators and the general public.

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.

Global Name-Address Verification

Confirm name and address match, and that the address is deliverable and standardized to USPS®, Canada Post® and international specifications for 240+ countries.

Watch List & Politically 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.

Real-Time Contact Data Validation

Validate, correct and standardize all contact data elements at point of entry – name, address phone and email. Autocomplete addresses as you type, and add precise lat/long coordinates to your address data.

Location Intelligence

Add lat/long coordinates for 40+ countries, geolocation information for IP address including city, state, country and ISP, and mortgage and property data including parcel information, owner info, appraised value, land value and much more.

Customer Insight & Data Appends

Enrich your customer and business records with 100s of detailed demographic elements including date of birth, deceased info and marital status, and firmographic info including SIC/NAICS codes, employee size and more.

Record Matching & Consolidation

Uncover, merge and purge difficult-to-find duplicate records. Melissa’s unique methods for determining the most accurate view of the customer collapses multiple records into one while retaining any additional information that may be accurate and applicable.

GDPR Risk Audit

With stringent right to erasure, regulation in place, organizations are at-risk for non-compliance and massive fines. Melissa provides audits of all your SCV and MDM hubs to find and fix the fuzzy matching errors that others miss.