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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 leader in high-assurance digital identity verification technology. Its predictive analytics platform applies artificial intelligence and machine-learning techniques with trusted online/offline data intelligence from email, phone, address, IP, social media and the broader Internet to authenticate identities in real-time. Socure powers financial inclusion, increasing acceptance as much as 40 percent for millennials and other thin-file consumers. It also reduces fraud for online new account opening by up to 90 percent, lowers manually reviewed knowledge-based authentication (KBA) rates by as much as 80 percent, and automates Customer Identification Program (CIP), Know Your Customer (KYC) and anti-money laundering (AML) compliance initiatives. Socure was founded in 2012 and is based in New York City.