Identity Verification
- What is Identity Verification?
- Why is Bid4Homes requiring Identity Verification?
- How does the system work?
- Why does Identity Verification ask personal questions?
- Is the information I provide secure?
- I need to update the information I entered when I registered with Bid4Homes. Will I need to go through Identity Verification again?
- What happens if I do not pass the identity verification process?
- What should I do if I believe that all the information I provided was correct, yet my application was rejected?
- I live outside of the U.S. Can I still sell on Bid4Homes?
RSA Identity Verification from Verid is a Knowledge Based Authentication (KBA) that provides real-time confirmation of customer identities. RSA Identity Verification is an interactive solution that presents a series of top of mind questions utilizing relevant facts on the individual obtained by scanning billions of public records.
Bid4Homes is committed to providing a secure environment for all of our customers. Seller ID Verify significantly decreases Internet fraud and our buyers are assured they are doing business with sellers who are who they say they are.
Verid uses data aggregators to query more than 1,000 databases, such as state motor-vehicle departments and marriage records. Verid's KBA technology presents consumers with a series of personalized questions based on deep background data derived from a variety of these public information sources. The technology conducts sophisticated analytics to build a comprehensive knowledge profile and guides the consumer through an intuitive and interactive process until identity is confirmed.
"Out-of-wallet" identity verification is the only way we can ensure sellers are who they say they are.
Absolutely. Bid4Homes' secure 128bit encryption technology ensures the safety of the information provided. Bid4Homes does not share any data with third parties and ensures that unauthorized parties cannot gain access to the data. Bid4Homes also does not store the questions and answers from the verification process.
No. You make changes to the information you provided during registration in MyB4H through the My Profile link located on the left navigation bar. When you try to access MyB4H, you will be prompted to login and then will be able to review and change any information you provided during registration.
Based on the number of correct answers you give, Verid assigns a score to your application. Authorized sellers must score a 90 or above and have no flags for suspicious activity in the past to receive a "passing" rating.
If you do not score a 90 or above on the rating scale and/or your registration triggers an alert, your online registration will be rejected. If this happens, you will need to complete the following Manual registration form. For additional information, email IDVerify@Bid4Homes.com.
What is Identity Verification?
Why is Bid4Homes requiring Identity Verification?
How does the system work?
Why does Identity Verification ask personal questions?
Is the information I provide secure?
I need to update the information I entered when I registered with Bid4Homes. Will I need to go through Identity Verification again?
What determines a pass/fail rating on the Identity Verification system?
What happens if I do not pass the Identity Verification process?
