A point-solution by Socure to assess identity fraud risk associated with an address, as well as the correlation between the address and the supplied identity to prevent synthetic identity fraud.
A score or quantitative measure used to predict the fraud risk associated with an address.
Anti-money laundering or AML Compliance refers to the requirements for financial institutions and other regulated entities that help to prevent, detect, and report money laundering activities.
Application fraud is a form of identity fraud in which an individual uses someone else's PII (personally identifiable information) to apply for new products such as credit cards, bank accounts, or loans without the knowledge or consent of the individual whose information is being used.
The capability of a machine to imitate intelligent human behavior.
A form of third party fraud, account takeover is when an individual gains unauthorized access to an online account belonging to someone else.
A probabilistic interpretation used in classification analysis to measure how a model, such as a digital identity verification risk model, will perform.
The process or action of verifying the identity of a user through the use of identity verification services or consumer verification.
The process or action of proving or showing something to be true, genuine, or valid.
Auto-approval occurs when a consumer is able to successfully complete the online identity verification process without without manual review or human intervention.