From what I've read in the Wisconsin Notary Information brochure (all 35 pages of it), there is no specific guidelines as to what constitutes valid identification. Therefore, the method and completeness of the identification process resides with the notary. You, the notary, must be prudent and deliberate in your approach to "reasonably and satisfactorily" identify the signer to be the person they say they are.
Here's a sample dialog that is from that brochure:
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Notary: Do you have some forms of identification showing your name and address,
and with pictures and signatures, that I could use to verify your identity? I’d like at
least two.
Signing Party: Yes. I have a driver’s license with a picture and a signature, and a
picture credit card. Here, will they do?
Notary: (Examines and returns identification.) Yes. Thank you. Please don’t put
your ID’s away. I’ll need to look at them later. Would you please show me the
document you need to have notarized?
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You need to satisfy yourself that the signer is identified.
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