Showing posts with label eCBSV. Show all posts
Showing posts with label eCBSV. Show all posts

Jun 12, 2019

eCBSV Coming

     From a notice posted in the Federal Register by the Social Security Administration (footnotes omitted):
The Social Security Administration (SSA) is announcing the initial enrollment period for a new electronic Consent Based Social Security Number (SSN) Verification (eCBSV) service. SSA will roll out the service to a limited number of users in June 2020, and plans on expanding the number of users within six months of the initial rollout. ... 
Section 215 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Banking Bill) directs SSA to modify or develop a database for accepting and comparing fraud protection data provided electronically by a permitted entity. In response to this statutory directive, SSA is creating eCBSV, a fee-based Social Security number (SSN) verification service. eCBSV will allow permitted entities to verify an individual's SSN based on the SSN holder's signed consent. ...