Socure

Socure’s unique ID+ platform is the only identity verification solution that analyzes and correlates every facet of an individual’s digital identity. We combine advanced machine learning, artificial intelligence, robust analytics, and unrivaled data coverage to accurately verify individual identities and detect fraudulent ones. Socure supports government agencies in benefits eligibility and enrollment, digital identity verification, fraud prevention, and public sign-in services through its comprehensive graph-defined platform that combines advanced machine learning (ML), artificial intelligence (Al), analytics, and broad data coverage to deliver the industry’s most accurate solution. This best-in-class approach analyzes and correlates facets of an individual’s digital identity to deliver accurate and automated identity decisions, reduce or eliminate manual reviews, improve program integrity, reduce bias-driven friction for underrepresented populations, and protect taxpayer dollars from fraud. Socure solutions are fully automated, easy to deploy, highly scalable, and can be implemented so they serve online, call center, and in-person use cases. Through Socure’s platform agencies can gauge whether an identity is real and belongs to the person applying for access or benefits without compromising on user experience.... More Info Less Info

Socure’s Sigma Identity Fraud is the industry’s most accurate identity fraud solution, utilizing every dimension of consumer identity—name, email, phone, address, IP, device, velocity, network intelligence, and much more—all in a single machinelearning (ML) model. These models are trained to detect attempted fraud patterns across a broad set of Socure’s customers, enabling Socure to deliver the most robust, inclusive, and accurate fraud prediction on the market. Sigma Identity Fraud models achieve the highest fraud capture rates along with the lowest false positive rates in the industry, consistently capturing fraud in the riskiest 3% population by up to 90%. Sigma Synthetic Fraud is purpose built and trained with consortium data to tackle fake and randomized synthetic patterns to produce highly accurate, real-time, actionable risk scores and reason codes, with 90% auto-capture in the riskiest 3% of users. Sigma Device predicts risk associated with a device using data attributes such as IP, geolocation, device type, and device software. Sigma Device is the first application fraud solution that “binds” a device to the individual using the device to counter application fraud and validate constituent logins. Email, Phone, and Address Risk Scores provide a risk score and a correlation value for email adddress, phone numbers, and physical address. Risk Scores use ML models trained on email, phone and address-specific variables layered with 800 million rows of known good and known bad outcomes to predict the liklihood of fraud. The correlation value is a discrete value that indicated the relationship between the constituent name and either the email, phone number, or physical address.... More Info Less Info

Socure KYC is the industry-leading CIP solution, enabling you to auto-approve up to 98% of mainstream good constituents, and up to 94% approval of hard-to-identify populations such as Gen Z, millennial, credit invisible, thin-file, gender neutral, and new-to-country. Socure KYC leverages automated data ingestion and cleansing of over 200+ authoritative data sources beyond the industry status quo, creating more than eight billion records tied to over 800 million known good and bad identities from our proprietary database of cross-industry constituent feedback data. Our best-in-class ID Graph utilizes advanced ML and search analytics to achieve the highest match accuracy in the industry. The result is the deepest multi-dimensional view of any user, and the best chance to identify the new constituents you want in your ecosystem.... More Info Less Info

Socure’s AI-powered Global Watchlist Screening with Monitoring delivers unrivaled accuracy and automation Leveraging AI and machine learning, Global Watchlist Screening with Monitoring ensures precise matching and streamlines compliance processes for organizations navigating today's regulatory complexities. Watchlist Screening with Monitoring mitigates risk with hyper-accurate watchlist screening that reduces false positives up to 95%, with a 50% reduction in manual review. Socure’s sophisticated matching algorithms, proprietary data, and true continuous monitoring deliver industry-leading accuracy, real-time alerts, and uninterrupted compliance with CIP/KYC regulations. Traditional approaches may check the box, but their inaccuracies result in high operational costs and risk of regulatory enforcement. Protect against financial crime and money laundering and experience up to: - 30% fewer false positives - 75% reduction in manual review - 60% reduction in staffing and resource costs ... More Info Less Info

Predictive DocV is the #1 best-in-class identity document verification solution in the market, according to Aite-Novarica Group. It delivers a hyper-accurate, holistic, ML-driven decision in seconds by applying multidimensional predictive signals on top of identity document authentication, liveness detection, and biometric facial matching. Because it is automated, it eliminates friction-filled manual processes and constituent abandonment, while simultaneously providing a complete digital identity continuum against fraud risk. Predictive Document Verification (DocV) instantly verifies a constituent’s customer’s government-issued ID, such as a driver’s license, passport, or photo ID card, using document forensics and facial biometrics to approve more good applicants while preventing fraud. DocV analyzes thousands of global government-issued IDs from 195 countries, alongside an optional selfie for biometric facial matching to stop spoofing attacks, so agencies can identify more good constituents and eliminate fraudsters in real time. It is available via Socure’s single API as well as lightweight mobile and web SDKs, with 170+ customizable branding and workflow configurations. With Predictive DocV, you'll experience: - Global coverage for ICAO compliant documents, passports, local IDs, and more - Under 2 second response -97%+ conclusive results for fast and accurate auto-decisioning - 98% overall accuracy - IAL 2 compliance requirements... More Info Less Info