Authenticate real people instantly with the first Identity Verification Bot built for digital trust.
The Internet enables us to move seamlessly between the physical and virtual worlds, but how do we know who’s behind the screen?
In the past, businesses have relied on static credit bureau data to confirm identity, but now much of that personal data is easily searchable online or has been exposed in breaches. If digital businesses require customers to verify identity in person, customers usually abandon the transaction and go elsewhere.
That’s why Socure created Aida, a patented identity verification bot that continuously sources live digital data, correlates thousands of data points online and offline, and then uses the power of machine learning to create a holistic, accurate customer identity model. Aida learns a customer’s identity from their digital breadcrumbs and calculates a risk score. This empowers businesses to make smarter decisions about their customers and gives consumers a portable identity that can be used to secure services.
It’s all part of our vision for a future where people can be themselves online.
One top ten retail bank increased approval rates and netted $20M in new customer revenue.
One top ten bank saved over $50M in fraud losses.
An online retailer automated approvals and optimized customer review.