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 is the founder and CEO of Socure. As an industry expert on fraud prediction, authentication, and KYC/CIP/AML verification, he has helped to craft the ID+ solution into a powerfully predictive tool for digital commerce organizations across industries to better understand identity and onboard new customers. Socure is the second company he's co-founded, having also led international teams for growth ventures marketing to organizations large and small, across 6 different continents.