Case Study: Fluent Money cuts fraud risk with TrustID ID scanning solution

Fluent Money invests to cut fraud risk

Fluent Money, the UK’s largest second charge distributor, wanted to reduce identity fraud risk while meeting stricter KYC and anti-money laundering requirements for its intermediaries and lenders. To address this challenge, Fluent Money invested in an ID scanning solution from TrustID.

TrustID implemented an advanced document authentication system that scans visible and hidden security features, reads printed data, checks chip and machine-readable zone information, and performs infrared scans of passports, driving licences, visas, and ID cards. The solution lets Fluent Money verify identities in seconds, improve compliance, and send fully packaged cases to lenders with greater confidence, helping reduce fraud exposure for both Fluent Money and its lenders.

Fluent Money

Tim Wheeldon

Chief Operating Officer