Continuing regular product updates to the current version 2.5 of the Socure ID+ solution for consumer verification, August brings enhancements that make ID+ more predictive of valid identities, more robust in information output, and more specific in detailed responses. 

This blog outlines some of those updates, and shows you where you can find more information about each area of feature enhancement in ID+! 

Updates to look for this month include:

  • Enhanced AuthScore— Better clarity based on social, PII and PII correlations. Scores continue to range from 0-10, with the same inSecurity Authenticty ID Verificationterpretation as before.
  • Correlation Scores--Every ID+ check now includes multi-field correlation values across name, address, email and phone. Scores range from 0.00-0.99, with higher scores representing greater correlation across online/offline/social sources.
  • Global Watchlist Updates--For those ID+ Checks with this optional compliance check, responses provide additional context around list matched, date, and offense.

These updates don't require any changes - they will appear in the coming days via the current EmailAuthScore and AuthScore API calls in ID+ version 2.5

We’ve had great feedback on these updates, hope clients will find them useful for improving identity verification, fraud prediction and compliance. To learn more, contact your sales rep or use the button below to set-up an appointment: 

Set up a Meeting ❯

 

Topics: Product Update, ID+

Socure

Socure

Socure is the leading platform for digital identity trust. Its predictive analytics platform applies artificial intelligence and machine learning techniques with trusted online/offline data intelligence from email, phone, address, IP, device, velocity, and the broader internet to verify identities in real time. The company has more than 400 customers across the financial services, gaming, telecom, and e-commerce industries, including three of the top five banks, seven of the top 10 card issuers, three of the top MSBs, the top payroll provider, the top credit bureau, and over 100 of the largest and most successful FinTechs. Marquee customers include Chime, Varo Money, Public, Stash, and DraftKings. Investors include Accel, Commerce Ventures, Scale Venture Partners, Flint Capital, Capital One Ventures, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson, Two Sigma Ventures, and others.

Socure has received numerous industry awards and accolades, including being named to Forbes America’s Best Startup Employers 2021, being awarded Best New Technology Introduced over the Last 12 Months – Data and Data Services at the 2020 American Financial Technology Awards (AFTAs), being ranked number 70 in Deloitte’s Technology Fast 500™, being listed as a Gartner Cool Vendor, being recognized by Forbes as one of the Top 25 Machine Learning Startups to Watch, being named to CB Insights: The FinTech 250, and being awarded Finovate’s Award for Best Use of AI/ML, to name a few.