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Press Release, Fraud Prevention, digital identity verification, Top Banks

Socure Enables US Banks to Verify Digital IDs

Predictive Analytics Platform has Slashed Identity Fraud by 60% and Increased New Account Opening Auto-Acceptance by 20%
Posted by Business Wire on Jun 4, 2018

Since 2018 two of the Top 5 US banks (and three of the Top 10) are now using its Socure ID+ platform.

Socure replaces traditional digital identity verification methods with a machine learning platform that can predict the identity of customers entering through digital portals with unprecedented accuracy to dramatically reduce account opening fraud, increase auto-acceptance, and slash manual reviews.

Download the ID+ Data Sheet

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