ORLANDO, Fla. (3/25/15)--Equifax and Zoot Enterprises have announced the release of Mobility Plus, a new solution for mobile account opening.
With Mobility Plus, consumers can capture a photo of their ID with their smartphone or tablet to help complete some portions of the account application.
It performs a search-match analysis to authenticate the applicant's identity and to determine if any fraudulent activity is associated with the device.
Mobility Plus also offers instant prescreening capability by pulling Equifax data and payment information. This gives financial institutions more insight into the consumer's financial history, opening the door to cross-sell more credit products.