Precise, accurate and inclusive identity verification | Socure Verify
Socure Verify
Precise, accurate, and inclusive identity verification
Automate the customer onboarding process with unrivaled data coverage and industry-leading technology that delivers exceptional customer experiences with uncompromised compliance.
Talk to an expert Start building
Legacy identity verification solutions expose your organization to risk
Legacy identity verification and CIP/KYC solutions are incorrectly returning matches ~5% of the time while also being unable to verify certain segments of the population across different ages, races, and socioeconomic classes over 10% of the time.
Socure Verify leads the industry with unparalleled coverage
99% verification of mainstream populations
95% verification of Gen Z consumers
40% reduction in manual reviews
Key Benefits
Assurance of consumer identity
Securely onboard customers while reducing friction and identity risk
Automate customer onboarding
Enhance operational efficiency while minimizing errors
Exceed CIP/KYC requirements
Make confident, explainable decisions for easy compliance
Harness hundreds of data sources and patented technology for unsurpassed identity assurance
Our triangulated data approach leverages artificial intelligence and machine learning to verify an identity across 400+ trusted sources, and then correlates thousands of identity data points—online and offline—to resolve to a single best-matched entity.
360-degree view of identity
- Multidimensional view of any consumer through hundreds of traditional and trustworthy alternative authoritative data sources including:
- Credit bureau
- Alternative credit
- Telco
- Consumer banking and payment
- Student information
- Other NIST 800-63 authoritative sources
- Proprietary cross-industry feedback data of billions of known transaction outcomes
- Unmatched coverage of hard-to-verify populations including Gen Z and new-to-country
- Persistent identifier prevents duplicate records and identity manipulation plus insights into behaviors and transaction history
Precise and accurate identity verification
- Proprietary machine learning transcends the limitations of rules-based logic for automated decisioning that minimizes false positives/negatives
- Intelligent risk assessment from contextual information such as addresses, transaction history, and relationship networks
- Minimize impact in ethnic, racial, age, and socioeconomic bias present in legacy identity verification solutions
Rich customer metadata
- First, middle, last name, and any suffixes
- Current mailing address normalized per USPS mailing standards
- Full 9-digit SSN with issuance date
- Date of birth
- Deceased date (if applicable)
- Current and associated phone numbers
- Current and associated email addresses
- First and last seen dates
Actionable insights in an intuitive dashboard
- Confident operations with full transparency of the best-matched entity
- Streamlined manual reviews with side-by-side comparison of consumer input data with best matched entity
- Rapid risk layer extraction with detailed reason codes, field validation scores, and first-seen dates
Key Capabilities
Optimized search queries to return more matches
Optimized search query logic returns the largest possible pool of identity matches
No exact character match required
Billions of records searched in under a second to find matching identities
Precise results with the single best-matched entity
Matched entities are ranked by significance and returned with the single best-matched entity
Actionable intelligence through detailed reason codes
Precisely extract the risk layer from reason codes with field validation scores for informed decisions
Algorithmic name matching
Precise identification for similarities in various name permutations, nicknames, misspellings, and more
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 verify results from diverse data sources
Best-in-class address normalization
Receive the current mailing address, with up to 10 recent associated addresses with >99.5% coverage surpassing industry standards
Scale high-volume transactions while substantially reducing manual processes with Socure Verify+
Available API response of matched customer data with full risk and reason codes to automate exception processing, ensure accurate customer data, bolster compliance, and more.
Automate dispositioning
Automatically parse and approve,
Maintain accurate customer records
Ensure good data hygiene through normalized data to eliminate common keystrokes and data capture errors
Enhance compliance
Adhere to SEC 17AD-17 and FACTA Red Flag requirements
Create custom approve/deny lists
Maintain an organization specific list of repeated good or bad actors for automated decisioning
Datos Insights 2024 AML Impact Award Winner
Best Digital Identity Innovation
Recognized for innovation in accurate, inclusive identity verification, offering a fully integrated identity fraud prevention system that effectively addresses all forms of identity fraud.
Resources
eBook
Legacy IDV Vendors are Exposing You to Risk Learn how to protect your business and stay ahead of the curve. Read more
White Paper
Digital Identity Fairness & Inclusion Report Read Socure’s detailed research findings—including comparisons across different systems and approaches. Read more
Fact Sheet
Socure Verify Learn how Socure Verify automates the customer onboarding process with unrivaled data coverage and industry-leading technology. Read more
Let us prove it.
Pairing our comprehensive data with our industry-leading use of advanced AI & ML technology ensures confident decisions, stronger compliance, automation, cost savings, and exceptional customer experiences. Speak to one of our identity verification experts to learn more.