Our Digital Identity: The Socure Blog

Updates to Socure ID+, New Watchlist Capabilities in v2.5

Posted by Johnny Ayers on Apr 15, 2016 1:36:49 PM

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.Online Fraud Detection Socure Digital Identity Verification

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! 

Topics: Product Update, ID+, Technology

About the Socure Blog

Digital Identity and the New World

Our team is constantly sharing what we've learned from years of security, financial technology, fraud risk mitigation and identity verification.  Here, we share our latest thinking that elates to everything in and around Socure, the financial technology industry, KYC, AML, CIP, Fraud and Compliance! 

That's a lot of stuff. We'd love to read your comments, so share your thoughts right here and via your favorite social media networks.  We're listening - suggest a topic anytime! 

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