At Socure, we’re committed to the continuous improvement of our ID+ solution for consumer verification. Soon, clients will need to take action in order to ensure continuous service as we make updates to our product.
Version 2.5 of our ID+ digital identity verification solution has yielded incredible results in fraud reduction (as high as 90%+), increased acceptance (95%+) and manual review optimization (down to less than 5%). As a result, version 2.0 of the AuthScore and EmailAuthScore APIs will be deprecated over the coming months.
Version 2.0 Deprecation Schedule:
April 28, 2016: KYC verifications from version 2.0 will no longer be available
July 31, 2016: All functionality of version 2.0 will be fully deprecated. As of this date, API calls will no longer return ID verification data
Remember, Socure can be your single-source for KYC/CIP, with GBLA and DPPA compliant data covering over 97% of the US population. Optionally, expanded global watchlist data (sanctions and enforcements, adverse media, PEP, state-owned entities) is now available as well.
Upgrading to version 2.5 is easy and free. Contact your Solution Engineer to learn more!
Johnny Ayers is founder and CEO of Socure. Since founding the company in 2012, he has had a number of roles, including managing and leading strategy for the Direct Sales, Channel, Product, and Growth organizations. Johnny has been instrumental in building the company's tremendous customer base and suite of industry-leading digital identity verification and fraud prevention solutions. He is also a frequent expert speaker on fraud, authentication, and KYC/AML, and has been quoted in publications such as the WSJ, Forbes, Bloomberg, Thomson Reuters, Cheddar, PYMNTS.com, and more. In 2022 he was awarded Ernst & Young’s Entrepreneur of the Year, Finovate Executive of the Year, and has been named by Goldman Sachs as one of the top 100 Entrepreneurs of 2021 and 2022. Outside of Socure, Johnny is an investor in and an advisor to companies including; Acorns, Alloy, Astra, Bask, BillGo, Chipper Cash, Commerce Ventures, Curve, MoCaFi, and more.
Socure is the leading platform for digital identity verification and trust.
Its predictive analytics platform applies artificial intelligence and machine learning technology with trusted online/offline data intelligence from email, phone address, IP, device, velocity, and the broader internet to verify identities in real time.
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