US Biometrics Integrates TransUnion’s Fraud and Identity Management Services to Enhance Online Authentication Capabilities

CHICAGO--(BUSINESS WIRE)--US Biometrics is integrating TransUnion’s fraud and identity management services with its Qrl solution to better help financial institutions and retail merchants validate new customer’s identities during the online enrollment process. Qrl is a remote access system that secures identities before data is transferred to and from an Intranet, Internet or other type of remote location. TransUnion is the first credit reporting company to have its authentication tools directly integrated with a biometric company in order to provide enhanced authentication measures.

“The greatest vulnerability, however, still persists at the point of enrollment. Integrating TransUnion’s comprehensive authentication solution with US Biometrics closes the current gap in the online enrollment process and provides a powerful solution to help ensure the identity of the end user.”

"Online identity theft is a real and dangerous problem for both consumers and businesses," said David Delgrosso, president of US Biometrics. “With government regulators now asking financial institutions and retail merchants to do more to protect the consumer, our relationship with TransUnion brings technology and authentication services together to raise online protection and convenience to unprecedented levels for the benefit of all parties."

The integrated offering attacks authentication from two angles. TransUnion’s “out of wallet” authentication questions verify the “something a consumer knows” component while US Biometrics’ Qrl solution satisfies the “something consumers are” component. It also satisfies the new Federal Financial Institutions Examination Council (FFIEC) multifactor authentication guidelines.

“Biometrics is gaining acceptance as financial institutions and retailers begin to adopt this capability,” said Joseph Gurreri, vice president for solutions development at TransUnion. “The greatest vulnerability, however, still persists at the point of enrollment. Integrating TransUnion’s comprehensive authentication solution with US Biometrics closes the current gap in the online enrollment process and provides a powerful solution to help ensure the identity of the end user.”

TransUnion sources an individual’s specific information such as address, driver's license, previous employment and phone numbers, to generate high-risk messages, a fraud score and questions that only the legitimate consumer should be able to answer. Once TransUnion verifies the person, they can enroll in the US Biometrics’ Qrl solution, which will authenticate future transactions with its biometric device. The entire process is seamless to the end user.

About TransUnion

TransUnion is a leading global information solutions company that customers trust as a business intelligence partner and commerce facilitator. TransUnion offers a broad range of financial services that enable customers to manage risk and capitalize on market opportunities. The company uses advanced technology coupled with extensive analytical capabilities to combat fraud and facilitate credit transactions between businesses and consumers across multiple markets. Founded in 1968, Chicago-based TransUnion employs 4,100 associates that support clients in more than 30 countries. Visit us at www.TransUnion.com/business.

About US Biometrics

Headquartered in Naperville, Illinois and founded in 1997, US Biometrics designs and deploys a wide range of biometric technologies for corporate, financial, government, healthcare and educational clients who require absolute authentication of customers and employees. Their products include a range of integrated solutions for digital identity applications including physical access control, network security, electronic transactions, check fraud prevention, and identity theft protection.