Socure Launches DocV, A Fully-Automated and Integrated, Omnichannel Document Verification Solution
Summary
Combining the power and scale of machine learning to accurately verify the authenticity of government-issued IDs, DocV produces auto-decisioning rates as high as 98%, in seconds. The image capture tool built into DocV automatically adjusts for and offsets user-error, and the back-end forensic analysis technology is fully-automated—eliminating the need for human intervention and manual checks. Ayers continued, “Fraudsters are becoming craftier, so companies that are doing identity proofing must introduce additional measures to combat deep fakes and synthetic fraud at the speed of consumer expectations. Socure works with clients to assess their risk tolerance for every use case across product lines and recommends DocV when needed, as a top of funnel step-up method. The advanced, no-code dashboard for business managers is easily configurable for options such as minimum age criteria, document expiration grace period, matching thresholds and overall authentication strategies.