In fraud prevention, velocity checks look for unusual volumes of data elements in a designated time period. For example, a device associated with two different account applications in 24 hours may not be unusual, but a device associated with ten different applications for ten different identities in 24 hours may merit review of the ten applications.
Power fully-automated risk decisions with the world’s most complete view of customer identity. Speak to an identity verification and fraud prevention expert to learn more.
Socure is the leading platform for digital identity verification and trust.
Its predictive analytics platform applies artificial intelligence and machine learning technology with trusted online/offline data intelligence from email, phone address, IP, device, velocity, and the broader internet to verify identities in real time.
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