Neath Port Talbot Credit Union is using GB Group’s ID Verification (IDV) solution as part of a move to automate its customer onboarding process. The credit union has seen a surge in requests for loans since the recession hit, with many banks and building societies cutting back on credit. Those hit hardest have been young people, or people without a credit footprint who cannot be validated through many of the traditional ID Verification processes or solutions. Neath Port Talbot has therefore deployed GB Group’s IDV solution to automatically check and validate the 200 new applicants it receives every month. The automated system means the organisation no longer needs to manually check every application or physically process paper-based verification documents. This is set to save both time and money and will place the organisation in a strong position for future growth as it looks to enable online credit applications.....Read more here: Credit Union seeks automated ID checks in response to surge in credit applications