Utility bill verification
Electricity, gas, cable, water, and telecom
DIRO can instantly verify utility data with automated user consent and impersonation check at 9,000 utility companies in 195 countries.
Address verification is a vital step in eliminating fraud for financial institutions. Account opening, loan approval, and credit card applications all requires proof of address verification.
The output is a machine-readable JSON file together with data provenance, as well as the original document for compliance.
By integrating DIRO’s address verification API, financial institutions can improve their end user experience with real-time verifications.
Instant address verification
Proof of address verification is essential before onboarding a new customer. DIRO’s utility bill verification can provide address verification in real-time by verifying data from utility bills, bank statements, government records, and more.
Address verification with utility bills is the simplest and most secure process as the data gets captured directly from the source. Using utility bill for address verification is compliant with KYC, KYB, and AML regulatory requirements. DIRO provides instant address verification with data directly from 9,000 utility companies in 195 countries. DIRO improves the customer experience and reduce customer drop-off rates by simplifying the onboarding process.
Common methods of verifying customer proof of address include: utility bill data, bank statements, government records, insurance documents, and driver’s licenses.
DIRO’s proof of address verification technology eliminates the use of fake and stolen documents. DIRO’s online document verification technology can be leveraged by banks, financial institutions, start-ups, fintech, and other businesses that are both regulated and non-regulated. With DIRO’s Open Banking API you can now access utility company data in real-time and feed this through machine-readable JSON files to your decision engine. Get seamless access to trusted data for an improved customer experience.