Socure Verify

Previously Socure KYC

Precise, accurate and inclusive customer identity verification

Socure Verify automates the customer onboarding process with unrivaled data coverage and industry-leading technology that delivers exceptional customer experiences with uncompromised compliance.

Market-leading data coverage

Eliminate coverage gaps with our diverse and authoritative data sources that enable precise identity resolution of nearly any consumer.

Unmatched Accuracy

Hyper-advanced AI and ML technology automates data ingestion, identity clustering and cleansing significantly reducing manual reviews and disparate impact.

Auditable transparency

Self-service analytics dashboard
Side-by-side comparison of customer input data and the single best-matched entity ensures confidence in operations.
Identify areas of improvement for your business, easily adjust risk parameters, drive policy alignment and optimize your workflows in real-time.

Key Metrics

Up to 99% verification of mainstream populations
Up to 94% verification of Gen Z consumers
30% more coverage of 18-year-olds than legacy solutions
Up to 40% reduction in manual reviews
5% more accurate compared to legacy solutions

Harness data and patented technology for unsurpassed identity assurance

Our triangulated data approach verifies an identity across multiple trusted sources and then correlates thousands of identity data points – online and offline – to surface a single best-matched entity.

Optimized queries return more matches

Search query logic is tested and optimized to return the largest possible pool of identity matches.

No exact character match required

Billions of records are searched in under a second to find matching identities using fuzzy approximation technology that detects:
- Name derivatives and seniority
- Misspellings, prefix and suffix standardization
- Variation in identifier form and phonetic variations.
Reason codes show risk and information reason codes for context by data element between the input and resolved identities.

Precise results with best-matched identity

Algorithmic name matching: Precise identification for similarities in various name permutations, derivatives, seniority, misspellings, prefix and suffix standardization, phonetic variation or use of a nickname.
Robust date-of-birth matching: Resolve an input date of birth to eight different accepted formats and combinations.
Advanced SSN matching: Overcome common errors such as typos and miskeys, and verifies results from diverse data sources.
Best-in-class address normalization: Provides the current mailing address, with >99.5% coverage surpassing industry standards.

Hundreds of authoritative data sources including:

Credit bureau
Alternative credit data
Telco
Consumer banking and payment data
Student data
Other NIST 800-63 authoritative sources.

Complete view of the single best-matched entity via dashboard and available API integration with Socure Verify+

First, middle, last name, and any suffixes
Full 9-digit SSN with issuance date
Date-of-birth
Deceased date (if applicable)
Proprietary cross-industry feedback data of billions of known transaction outcomes
Current phone number, with up to 3 associated phone numbers with first and last seen dates
Email address, with up to 3 associated email addresses with first and last seen dates.

The most complete view of customers tailored to the needs of your organization

Bespoke deployment

Align risk tolerances to your regulatory requirements and organization policies.
Automate exception processing to accept, deny, review, or require step-up verification.
Provision admin access based on role to ensure data security.

Confident explainability

Exact proof points on matched PII.
Demonstrable controls.
Reduce risk of regulatory enforcement.
Trust in operations.

Native eCBSV Integration

Validate name, SSN, and DOB with the issuing authority.
Additional assurance for high-risk customers.
Strengthen CIP compliance and prevent synthetic identity fraud.
Boost customer verification rates by 6-8% for hard-to-verify demographics.
Optimized workflow for accuracy, coverage, scale, and cost-savings vs. direct integration.

Applicable Use Cases

Non-documentary identity verification
New customer onboarding
KYC/CIP compliance
Financial Services
eCommerce/Marketplace
Sharing economy.

Cross-industry support

Financial Services
Telco
KYC/CIP compliance

Datos Insights 2023

AML Impact Award Winner
Best Know Your Customer / Business Innovation

Recognized for innovation in accurate, inclusive verification of hard-to-identify populations including Gen Z, new-to-country, credit-invisible and thin-file.

“One of the things I appreciate most is how explainable the results are, which makes audits (and onboarding new customers) so easy.”

Top 5 Bank Customer

The largest enterprises with the most stringent regulations—4 out of 5 top banks, 7 of 10 top card issuers along with hundreds of fintechs trust Socure.