The Social Security Administration (SSA) is planning to enroll participants in a new system to electronically verify Social Security information by June 2020, as the agency announced in an upcoming Federal Register notice posted today.
The electronic Consent Based Social Security Number Verification (eCBSV) system, mandated by the Economic Growth, Regulatory Relief, and Consumer Protection Act passed in May 2018, will allow for organizations to verify Social Security information, with the consent of the person being checked, to prevent fraud. The program is primarily aimed at financial institutions
“Based on the SSN holder’s consent, permitted entities will be able to submit via an application programming interface fraud protection data to SSA for each verification request,” the notice states.
Enrollment for the initial launch of the program is open from July 17 to July 31, and the program is expected to launch in June 2020. The notice states that the initial rollout will have limits on the number of requests processed, but that SSA aims to expand the program within six months of its launch.