Portfolio Scrub - Detect Customer Fraud and Compliance Risk

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Products
Products Experience the power of graph-defined identity verification.
Platform

Fraud Risk

Compliance

ID Document Verification

Account Intelligence

Decisioning

Analytics & Reporting
Platform

. Socure ID + Platform
The new standard for digital identity verification, providing real-time, predictive analytics for the most accurate and comprehensive identity verification and fraud prediction—all through one API.

Socure named a Leader in The Forrester Wave
Identity Verification Solutions Q4 2022
See More

Fraud Risk

Fraud & Risk Solutions

Eliminate the need for limited, single-point solutions and gain a holistic view of identity with the industry’s most comprehensive digital identity fraud prevention suite.
Overview

. Sigma Identity Fraud

. Sigma Synthetic Fraud

. Address RiskScore

. Email RiskScore

. Digital Intelligence

. Phone RiskScore

. Portfolio Scrub

. Sigma First-Party Fraud

Compliance

Compliance Solutions

Protect your organization with market leading data coverage, unmatched accuracy, demonstrable controls and world-class tools to efficiently manage your operations
Overview

. Socure Verify

. eCBSV

. Global Watchlist Screening with Monitoring

. Portfolio Scrub

. Deceased Check

ID Document Verification

. Predictive DocV
Stop more fraud without sacrificing customer experience with the industry’s highest accuracy rates and fastest response time.

eBook
3 Warning Signs That Your ID Verification Process is Robbing You of Revenue
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Account Intelligence

. Socure Account Intelligence
Verify the status and ownership of non-traditional accounts held at digital banks, credit unions, and regional banking institutions.

Decisioning

. Decision Module
Align policy with process, automate decisions, help ensure compliance, and efficiently scale growth.

. Control Center
Prevent fraud across your portfolio, and demonstrate compliance in an evolving regulatory environment.

Analytics & Reporting

. Analytics & Reporting Dashboard
Explore, monitor, and audit crucial KPIs to optimize your operations, ensure regulatory compliance, and proactively address emerging risks to your business.
Industries

Industries Seamlessly onboard more good customers while preventing fraud—no matter your industry.

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Financial Services
Verify identities and stop fraud throughout the customer lifecycle, while meeting the most stringent compliance requirements.

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Marketplace
Strengthen the reputation of your ecosystem and instantly onboard more consumers and sellers without increasing risk.

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Sharing Economy
Ensure trust & safety while instantly onboarding more consumers, sellers, and gig workers without increasing fraud.

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Online Gaming
Maximize player conversion rates and reduce identity fraud losses while maintaining compliance.

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Buy Now Pay Later (BNPL)
Auto-accept more shoppers, attract more merchants, and protect your customers from identity fraud.

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Public Sector
Increase auto-verification rates of eligible individuals, improve program integrity, and eliminate manual reviews.

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Crypto
Verify identities faster and accelerate time to funding, trading, purchase, and storage.

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Workforce
Register and onboard more good applicants with passive identity verification.

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Sponsor Bank
Streamline BaaS management, enhance compliance, simplify partner oversight, and grow your customer base.
Resources
Resources Stay up to date on industry news, trends, and Socure's world-class solutions.
Fact Sheets

Case Studies

White Papers

eBooks

Reports

Infographics

Webinars

Events

Blogs

Videos

Podcasts
Partners
Company
Company Learn more about the award-winning people and technologies that power Socure.
About Socure

News & Press

Careers

Events

Socure Risk Insights Network
Socure named a Leader in The Forrester Wave
Identity Verification Solutions Q4 2022
See More

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Solution Benefits
Why Socure
Use Cases
How it Works

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Solution Benefits

Industry-Best Data and Matching

The Portfolio Scrub delivers precise and accurate matches leveraging AI and machine learning with a combination of proprietary data, highly vetted third-party data sources, confirmed fraud, identity information gathered from hundreds of millions of new applications, and 17,000+ independent variables highlighting potential risk.

Synthetic Fraud Identification

Synthetic identities in your deposit portfolio may be fueling money laundering, human and drug trafficking, and perpetrating P2P payment scams.

Find these suspected synthetic identities and efficiently eliminate them from your account base.

Disrupt Patterns of Financial Crime Before They Happen

Financial crime can take multiple shapes and forms. Socure can help you identify high-risk profiles, money mules and other risky entities earlier in the process to increase monitoring, or eliminate them from your portfolio protecting your organization from compliance fines and financial loss.

Rapid, Effective Mitigation

Quickly identify the most serious risks in your customer accounts through machine learning clustering of all records into differing risk levels.

Prioritize your response to the highest risk customers with proper mitigation strategies.

Why Socure?

Portfolio Scrub leverages our industry-leading identity verification and fraud prevention to detect existing portfolio risk.

Industry-leading Accuracy

Socure’s machine learning and clustering algorithms deliver accurate identification of customers and risk patterns

Full Context of Risk

Receive the single best-matched entity, reason codes, and scores for a holistic view of risk to confidently guide next steps

Seamless Integration

Compliment your onboarding screening to enable ongoing customer due diligence

Customizable

Select applicable scrubs based on the compliance and fraud needs of your business

Applicable Use Cases

Strengthen regulatory compliance

Quickly find and eliminate synthetic identities in your portfolio

Ensure accurate customer data

Identify existing synthetic identities

Detect third-party fraud and account takeover (ATO)

Uncover identities used by money mules

Escheatment compliance

Update of KYC and customer data

Bolster ongoing KYC/CDD processes

Standardize portfolio when switching vendors

Scrub portfolio when switching to Socure

Identify risks in newly acquired portfolios

Disrupt patterns of financial crime

How It Works

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.

RESOURCES