SLAI | Socure
Achieve Inclusive, Instant Bank Account Verification
Verify a more diverse user base
Reach a more diverse user base and auto-convert them faster to start building relationships and increase revenue
Streamline your onboarding process
Reduce false rejects and approve 28% more good customers on the first try
Address compliance requirements
Comply with Nacha’s WEB Debit Rule for bank account verification and reduce payments return risk
Identify risky accounts and patterns
Make smarter decisions with actionable behavior and pattern-based insights to prevent fraud losses
Automated account verification
Perform real-time verifications quickly and accurately, while also saving on costs over expensive traditional methods
3,000+ Top Organizations Trust Socure
Expand your data coverage with a 10-20% incremental lift
Easy sign-up with pay-for-performance value
Alternative data sources
Cover underserved consumers invisible to other account verification solutions
Real-time account verification
Avoid delays and dropoff associated with microdeposits and permission-based solutions
Actionable insights
Optimize onboarding and fraud prevention with detailed reason codes that explain decisioning
Minimum data requirements
Ensure consumer security with only three necessary data elements and no bank login
Pay-for-performance model
Pay only for successful account verifications, with volume discounts
Market-leading expertise
Integrates with the Socure ID+ platform in a single API for broader identity verification and fraud solutions
Lili Redefines the New Economy, Starting with Customer Onboarding
In just two short years, Lili, the leader in mobile financial services for freelancers and small business owners, experienced 1,800%+ customer growth by reducing friction and markedly increasing account verification accuracy during the customer account opening process.
“Socure helps us onboard new customers quickly and scale faster than we could with other tools. We identified no other solution that compared in terms of accuracy or insights.”
John Mearles, Head of Risk & Operations