Strengthen Identity Risk Assessment & Support Financial Inclusion
eCBSV provides financial services firms greater assurance of consumer identity by instantly confirming a consumer-provided name, SSN and DOB match with the issuing authority, enhancing CIP compliance and promoting financial inclusion.
Trusted by top organizations
Solution Highlights
Improve Decision Confidence for Higher-Risk Applications
eCBSV provides additional match/no-match inputs that help organizations make more informed assessments when evaluating higher-risk applicants.
Expand Access for Consumers with Limited Histories
Drive growth with more inclusive access to all. Confirm the digital identity of 6-8% more individuals with limited or no credit history, helping reduce disparate impact to Gen Z, new-to-country and other vulnerable consumers.
Drive Operational Efficiency
Automate exception processes, reduce manual reviews, and replace cumbersome SSA-89 paper forms. eCBSV is fully integrated into the RiskOS™ platform with optimized workflows for accuracy, coverage, scale, and cost-savings through our high-volume of transactions.
Low Friction, Minimal Data Required
Incorporate eCBSV into your onboarding flow with minimal added friction. Only name, SSN, and DOB are needed where a match/no-match check is appropriate.
Clarity Around Unmatched Results
When consumer-provided information does not match issuing-authority records, the response is returned as unverified without any explanation. Socure provides additional intelligence that can help identify likely causes, such as recent name changes or data entry errors, supporting a smoother, more efficient follow-up process.
Why Socure?
By combining eCBSV match/no-match results with Socure’s broad identity intelligence, organizations gain a more informed view of consumer risk. The RiskOS platform helps streamline onboarding, reduce manual reviews, and support more efficient and consistent CIP workflows, all through a single integration.
Streamlined Implementation
Streamlined Implementation
Eliminate the need for multiple point identity verification solutions, API integrations and hassle of direct coding to the issuing authority
Manage Operational Costs
Manage Operational Costs
Avoid the high annual use-it-or-lose-it prepaid expense of direct coding with Socure’s scale enabling low transaction costs
Instant Response Time
Instant Response Time
<150ms verification result from the eCBSV service avoids additional consumer friction
Enhanced Data Security
Enhanced Data Security
End-to-end encryption of consumer PII between Socure and the issuing authority
Applicable Use Cases
Mitigate suspected synthetic identity fraud with source of truth data
Strengthen CIP/KYC regulatory compliance
Gain greater insight into consumers with limited or thin credit histories.
Replacement for manual processing of SSA-89 forms
Automate exception processes, reduce manual review
Confirmation of deceased status from death master file
How It Works
eCBSV integrates seamlessly into your customer onboarding workflow as an additional authoritative signal for decisioning. Customize when it is utilized based on your organization’s risk parameters, or choose to verify every transaction.
Let us prove it.
See how you can achieve world-class results with Socure. Speak with an identity verification and fraud prevention expert to learn more.