A biometric identity screening and automated tenant screening software.
IDcheck specialises in cloud-based, automated Biometric Identity Screening, Fraud Detection & KYC-AML. Through the proprietary Facial Recognition, Liveness and Motion Detection algorithms they authenticate global identity documents, with advanced AI and OCR techniques.
LetFaster, a division of IDcheck, combines Biometric Identity Screening with automated Tenant Screening, suitable for Letting Agents, Property Managers, BTR, PRS, Social Housing Providers and larger Landlords. Few professionals possess the skills to detect fake IDs. If a fake ID passes, all standard background screening would be performed on the real person instead of the fake, leaving organisations at risk of fraud and KYC-AML violations.
Registration and log-in use Key-Based 2-Factor Authentication, where the “pin” is neither transmitted nor stored. If a device is lost or stolen, the pin would fail after a few incorrect attempts and by using a keypad, even a Key-Logger could not detect the pin. This is far more secure than SMS verification.
Unlike outsourced providers, each client has their own enterprise-level automated portal, with strict access management, permissions and internal controls. Portals also provide business intelligence, a full audit trail and multiple measures to detect internal and external fraud.
The minimum cost of LetFaster depends on company size and time required to automate set-up. Fees are charged per “unit” where 1 unit represents 1 background check. If 3 adults rent an apartment this means 3 units: one per person. If a guarantor is required this also counts as a unit.
There is no free trial available. There is no free version available.
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