CARS Coverage Plus Partners With EVS to Enhance Fraud Protection Efforts

Louisville, KY (PRWEB) June 02, 2015

Electronic Verification Systems (EVS) is excited to announce an innovative new customer, CARS Protection Plus, which offers comprehensive vehicle solution agreements in a wide variety of protection. In March 2015, the company applied IdentiFraud customer with a focus on knowledge-based authentication (KBA).

“Offering an electric type of our contracts ended up being delayed for months once we looked for an easy method where we’re able to absolutely identify the consumer and finalize our agreement using them. IdentiFraud Consumer from EVS ended up being the obvious option, offering the greatest standard of fraud prevention”, stated Rick Tudor, Director of Operations for VEHICLES cover Plus.

EVS is instrumental in VEHICLES cover Plus sales procedure; after clients finish an on-line application, they’re given an agreement, which is finalized by responding to KBA questions. In the event that concerns tend to be answered precisely a digital trademark is put on document.

“Working with VEHICLES Protection Plus is an absolute delight,” Eric Knapp, EVS EVP customer developing, stated. “I am looking forward to developing our business model and supplying all of them business leading fraud avoidance items for years in the future!”

CARS cover Plus is proactive inside their fraudulence avoidance attempts, set alongside the knowledge customers might have at more traditional automobile dealerships, where his / her driver’s license is copied and a credit file is conducted. But the standard technique can allow a fraudster to impersonate some one and possibly buy a vehicle under that identity.

“By implementing EVS Fraud avoidance and KBA products, CARS coverage Plus will know who is performing their contracts,” stated Knapp. “Not just the vehicle contract business, but any business that may incur fraud losings should apply a KBA item within their system.”

For more information on EVS’ identification confirmation or cooperation, please contact Eric Knapp, EVS vice-president of Client providers, at 502.814.1020.

About Electronic Verification Systems

Electronic Verification techniques is a respected supplier of fraudulence avoidance solutions designed to assist organizations fight identification theft, control prices, satisfy government regulation, and support review and control requirements. With major clients in monetary solutions, retail product, brokerage, education, insurance, and corporate safety sectors, Electronic Verification Systems provides effective and revolutionary approaches to organizations and companies around the globe.


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