Most applicants don’t have to leave home!

Verify your Identification electronically from any computer by answering a few out-of-wallet questions.

Most adults in Canada have experienced Electronic ID Verification at one time or another.  Developed by Canada’s major credit bureaus, eIV is used by most major financial institutions, and even by Canada Post when you change your address. eIV is recognized under the “Know your Customer” regulations as a suitable countermeasure against fraud and money laundering.

Drawing from the TransUnion and other third-party databases, eIV produces four ‘out of wallet’ questions relating to the candidate's credit history - only the candidate will be able to accurately answer these questions and thus pass the process.  Information is cross-referenced with personal details provided by the candidate (such as their date-of-birth and address history) to produce a confirmation that the person is who they claim to be.  If someone fails the process (most often this is because they have a limited credit history), they can be directed as a fallback to BackCheck’s 2nd and 3rd ID verification options.

Contact BackCheck today to learn more about Electronic ID Verification!