Verify and progress car buyers faster through the financing or leasing journey with OneID®. Deliver end-to-end digital identity verification and onboarding journey that can be completed at the tap of a button while deterring fraud.
Stronger fraud prevention
A completely digital and document-free process minimises manual work and errors while maximising efficiencies.
Omnichannel verification
Certified and regulated
Fraud in motor finance rose by 13% in 2022. AI and deepfakes have made it easier to impersonate someone. OneID®, by combining bank-based identity verification with driver’s licence verification, can give identity assurance up to very high confidence levels—assuring you that the customer is who they say they are.
68% of customers abandon their onboarding journey due to complex processes. Verify and onboard your motor finance customers with minimum friction using OneID®. Get bank-verified identity and address details for KYC and auto-populated form fields in seconds.
Manual direct debit setups expose you to indemnity claims and error correction costs. OneID® auto-fills payment mandates using the car buyer’s verified bank account details. It leaves a digital audit trail to prove the actual buyer signed in and authorised the direct debit – making the whole process fast, accurate and BACS compliant.
Verifying your customer’s identity when signing elevates the legal enforceability of your motor finance agreement. OneID®’s bank-based identity verification allows users to prove their identity from anywhere instantly - no document scanning needed.
