AI - Socure
Leading platform for digital identity verification and trust through advanced AI and ML technology, enabling comprehensive fraud prevention across multiple aspects with up to 98% auto-approvals.
- Name
- Socure -https://www.socure.com/
- Last Audited At
About Socure
Socure is a leading platform for digital identity verification and trust. They utilize artificial intelligence and machine learning technology in conjunction with online and offline data intelligence from various sources to verify identities in real time. Socure's ID+ platform offers advanced fraud detection and identity verification decisions, integrating an ever-growing, real-time network of intelligence from billions of predictions and outcomes at major companies.
Socure provides a comprehensive digital identity fraud prevention suite, eliminating the need for limited, single-point solutions. Their platform covers multiple aspects such as document and selfie verification, watchlist screening and monitoring, age verification, device risk assessment, email risk assessment, phone risk assessment, address risk assessment, and third-party identity fraud.
Their ID+ platform is designed to unlock customer growth while maintaining compliance with up to 98% auto-approvals across all ages and demographics. Socure specializes in identifying synthetic identity risk during enrollment and within existing customer portfolios through proprietary fraud prediction models and automated ML pipelines.
Socure's document and selfie verification process helps establish trust by verifying the authenticity of IDs and matching them with selfies, reducing fraud risk. Their watchlist screening and monitoring feature ensures compliance with evolving regulatory requirements and alerts in real-time to prevent steep compliance penalties due to sanction and enforcement status changes.
