Socure Launches Public Sector Business to Improve Digital Access (Socure)
Summary
Socure announced on October 12, 2021 that it was launching a public sector business led by Matt Thompson, General Manager of Public Sector Solutions, to sell identity verification to government agencies. The release says many online government systems “failed on a massive scale” during the pandemic, with 2020 identity fraud losses in unemployment alone totaling $400B. Socure says its engine analyzes over eight billion records and more than 530 million good and bad identities. It claims auto-verification rates of 98% and claims it catches up to 90% of third-party and synthetic identity fraud for the riskiest transactions. Socure adds that it is an AWS Validated Public Sector Partner whose availability in AWS Marketplace makes procurement “seamless and easy” for agencies.
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- Industries - Solutions - Products Fraud & Risk Sigma Identity Fraud Sigma Synthetic Fraud Sigma First-Party Fraud Email RiskScore Phone RiskScore Address RiskScore Graph Intelligence Compliance Portfolio Scrub Socure Verify Global Watchlist Screening with Monitoring Deceased Check eCBSV Control Center ID + Biometric Predictive DocV Account Intelligence Socure Account Intelligence Device & Behavior Digital Intelligence SNA & OTP Agent Intelligence Socure Agent Intelligence Products Explore the future of identity verification and trust with our comprehensive suite of AI-powered products. Fraud & Risk Compliance ID + Biometric Account Intelligence Device & Behavior Agent Intelligence Sigma Identity Fraud for the most accurate third-party fraud detection leveraging a 360° view of digital identity Sigma Synthetic Fraud for uncovering complex manipulated and fabricated synthetic identity fraud Sigma First-Party Fraud for minimizing early payment default, bad faith dispute abuse, and chargeback losses Email RiskScore to instantly predict risk and verify email ownership Phone RiskScore to instantly predict risk and verify phone ownership Address RiskScore to instantly predict the risk connected with physical addresses Graph Intelligence to quickly transform complex identity connections into actionable insights Portfolio Scrub reveal compliance and fraud risks in your existing customer accounts Socure Verify for precise, accurate, and inclusive identity verification Global Watchlist Screening with Monitoring for sanctions screening, PEP, and adverse media risk management Deceased Check for validating deceased identities at any point in the user lifecycle eCBSV for instantly verifying a consumer-provided name-DOB-SSN match with the SSA Control Center fully automated fintech controls management platform for sponsor banks Predictive DocV for quick and accurate ID document and biometric verification with liveness detection Socure Account Intelligence Verify bank account ownership and status with inclusive, instant results Digital Intelligence for passively verifying user devices behavioral biometrics to detect fraud and improve UX SNA & OTP for adaptive phone and device authentication delivered in real time Socure Agent Intelligence detect, trust, and credential AI agents Get customized strategies from our experts to drive your success. Start now. Get a Demo - Developers - Public Sector - Resources - Company Login Talk to an expert Explore demos Socure ID+ Dashboard Login RiskOS™ Login Login Socure Launch Login October 12, 2021 Socure Announces the Launch of its Public Sector Business with a Mission to Improve Access to Government Digital Services and Eliminate Fraud Back to News Share:
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