# Banking

## Identify risk and approve more customers

Power a seamless customer experience and confident compliance with AI-driven identity verification and fraud prevention solutions that deliver unmatched accuracy

[Talk to an expert](/content/talk-to-an-expert/index.html)

## Overview

Banks face mounting pressure from sophisticated fraud schemes and stricter regulations, while legacy verification systems create friction and security gaps. The rise of synthetic identities, account takeover attacks, and complex compliance requirements like sanctions screening demands a more sophisticated approach to risk management.

### Opportunity

Achieve rigorous compliance, outsmart sophisticated fraud, and streamline operations — all while delivering seamless, customer-centric experiences.

99%
verification of mainstream populations

96%
verification of Gen Z consumers

Up to 99%
fraud capture

## How we help

### Accelerate verification across your customer journey

- Gain unmatched accuracy and inclusivity through advanced AI and machine learning
- Make real-time trust and risk decisions — all from a single, seamless platform

### Related products

[**RiskOS®** AI-powered decisioning platform for any identity, fraud, risk, or compliance challenge](/content/solutions/riskos/index.html)

### Achieve effortless compliance with powerful protection

- Focus on the risk that matters by eliminating irrelevant alerts while streamlining operations with automated CIP/KYC and sanctions screening
- Quickly adapt to changes in regulations, keeping your institution compliant even as new rules and laws emerge
- Complete customization for your business and regulatory requirements

### Related products

[**Socure Verify+** for precise, accurate, and inclusive identity verification and PII verification](/content/products/identity-verification/index.html)

[**Watchlist Screening with Monitoring** for sanctions screening, PEP, and adverse media risk management](/content/products/global-watchlist/index.html)

[**eCBSV** for instantly verifying a consumer-provided name-DOB-SSN match with the SSA](/content/products/ecbsv/index.html)

### Proactively identify high-risk customers and behaviors

- Precise fraud detection models minimize false positives while maintaining security
- Predict and prevent payment defaults, bad-faith disputes, and bust-out fraud with our first-party fraud consortium
- Root out money movers and sleepers in your portfolio with third-party and synthetic fraud scrubs

### Related products

[**Sigma Identity Fraud** for the most accurate third-party fraud detection leveraging a 360° view of digital identity](/content/products/sigma-identity-fraud/index.html)

[**Sigma Synthetic Fraud** for uncovering complex manipulated and fabricated synthetic identity fraud](/content/products/sigma-synthetic-fraud/index.html)

[**Sigma First-Party Fraud** for minimizing early payment default, bad faith dispute abuse, and chargeback losses](/content/products/sigma-first-party-fraud/index.html)

### Validate accounts at lightning speed

- Instantly verify account ownership and validate accounts before transferring funds

### Related products

[**Account Intelligence** for verifying the status and ownership of bank accounts](/content/products/account-intelligence/index.html)

50%
decrease in fraudulent loan applications

“The number of fraudulent loan applications getting through was cut by over 50%. Fraud reduction was achieved without any impact or friction to the end user — unless they were a fraudster.”

Chief Risk Officer Leading online lender [Read the case study](/content/resources/casestudies/leading-online-lender-cuts-fraud/index.html)

## Explore RiskOS® Use Cases

### End-to-end fraud, risk, and compliance solutions

Consumer onboarding

Making the right decisions for a consumer you’ve never seen before shouldn’t be complicated.

[Explore consumer onboarding](/content/use-cases/onboarding/index.html)

Business onboarding

Trust & safety

Login & authentication

Bank account verification

Consumer onboarding

Making the right decisions for a consumer you’ve never seen before shouldn’t be complicated.

Business onboarding

Verify more good businesses for underwriting, tax registration, and credit assessment.

[Explore business onboarding](/content/use-cases/business-onboarding/index.html)

Trust & safety

Keep your community safe and thriving with instant, accurate user verification.

[Explore trust & safety](/content/use-cases/trust-and-safety/index.html)

Login & authentication

Deliver frictionless authentication at onboarding, login, multi-factor authentication, high-risk transactions, and account recovery.

[Explore login & authentication](/content/use-cases/login-authentication/index.html)

Bank account verification

Convert more users with comprehensive account coverage while effectively stopping fraud and return payments.

[Explore bank account verification](/content/use-cases/bank-account-verification/index.html)

## Our Resources

### Our latest digital identity and fraud insights

### Reports

#### Socure Identity Risk Insights: Government Fraud Patterns Report

[Download report](/content/resources/reports/government-fraud-patterns-report/index.html)

#### Reports

#### Defining and Solving the Elusive Challenge of First-Party Fraud

[Download report](/content/resources/reports/solving-the-elusive-challenge-of-first-party-fraud/index.html)

#### Infographics

#### America’s Digital Ghosts

[Download report](/content/wp-content/uploads/2024/06/americas-digital-ghosts-infographic.pdf)

## Let us prove it.

Scale your organization with confidence.

[Talk to an Expert](/content/talk-to-an-expert/index.html) [Get a demo](/content/demo/index.html)