In the ‘social’ industry, there isn’t any KYC, AML, or other regulation; however, just because there isn’t regulation, doesn’t mean organizations shouldn’t be diligent in preventing fraudulent activity and protecting their customers
Louisville, KY (PRWEB) March 29, 2014
Blended family management solution, 1HappyLife, has partnered with Electronic Verification Systems (EVS) to help improve the verification and authentication process of the parents and legal guardians using their platform. Their goal is to provide families with a personalized way to manage blended family life in a safe and secure online community where you can stay informed, stay connected, and share everyday moments in private. By implementing EVS’ IdentiFraud Consumer product, it will keep unwanted individuals from gaining access to 1HappyLife’s product and make the community a truly safe “by invite only” environment.
Since there isn’t a way to verify and authenticate children, the best solution is to verify and authenticate the parent/legal guardian and couple that with the “by invite only” environment of 1HappyLife. This allows users to have a secure place where they can share information without the fear of unauthorized access. The increased identity verification that EVS provides can further secure user verification and assist 1HappyLife in becoming the most secure and fraud-free blended family management solution.
According to EVS Vice President of Client services, Eric Knapp, “Chris Whetstine has been great to work with.” Knapp states that, “He had a vision, saw a need, and acted on it…we’re honored he chose EVS as his identity verification and KBA partner. I look forward to working with the team at 1HappyLife for years to come!”
EVS proudly calls 1HappyLife a partner as of February 2014, and will continue to serve as a resource and industry expert. “In the ‘social’ industry, there isn’t any KYC, AML, or other regulation; however, just because there isn’t regulation, doesn’t mean organizations shouldn’t be diligent in preventing fraudulent activity and protecting their customers.” says Knapp.
For more information on EVS’s fraud prevention solutions or partnerships, please contact Eric Knapp, EVS Vice President of Client Services, at 502.814.1020.
About Electronic Verification Systems
Electronic Verification Systems is a leading provider of fraud prevention solutions designed to help businesses combat identity theft, control costs, satisfy governmental regulation, and support audit and control requirements. With major clients in the financial services, retail product, brokerage, education, insurance, and corporate security industries, Electronic Verification Systems provides powerful and innovative solutions to businesses and organizations across the world.