CENTRIX Financial Chooses IdentityVerification System

November 18, 2004, 1:00 a.m. EST 1 Min Read

DENVER - (11/18/04) -- CENTRIX Financial, a provider ofsubprime auto loan insurance for credit unions, said it haslaunched LexisNexis RiskWise to help it increase accuracy and speedof loan application verifications and to help it detect identityfraud. RiskWise InstantID minimizes the possibility of fraud byverifying loan applicants' information and reducing the number ofhours spent researching keystroke errors. With InstantID, CENTRIXhas been able to correct an average of 500 mistyped entries a monthon loan applications.

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