WALDO is Straddle’s proprietary identity matching algorithm designed to securely and accurately verify that a customer’s identity matches the ownership details of their bank account.
Data Inconsistencies
Fraudulent Activities
Regulatory Compliance
User Experience
name1
and name2
, Waldo applies specialized string, cultural, and phonetic comparisons from the HMNI library.Customer Identity Verification with Straddle ID
Bank Account Connection via Bridge
Identity Matching with WALDO
Outcome Determination
How does WALDO handle cultural differences in names?
What if a customer's name doesn't match exactly with the bank's records?
Is WALDO compliant with data protection regulations?
Does WALDO affect the speed of the transaction process?
How often is WALDO updated?