Socure Wins American Financial Technology Award for the “Best New Data and Data Services Technology” From WatersTechnology
Summary
“It is an immense honor for us to receive this AFTA for our two newest products in the Socure ID+ identity verification suite,” said founder and CEO Johnny Ayers. “We thank WatersTechnology for recognizing our achievements and I am thrilled to wrap up 2020 by congratulating our creative, innovative, and dedicated team for two very successful product launches.” Launched this past Fall, DocV combines the power and scale of machine learning to accurately verify the authenticity of government-issued IDs and produces auto-decisioning rates as high as 98%, in seconds. The most scalable, accurate service available, it applies machine learning to quickly confirm the authenticity of any identity document in circulation, including more than 3,500 identification types from around the world. Unveiled in June, Intelligent KYC incorporates a wealth of data sources along with advanced analytics for identity resolution to produce more expansive, actionable insights. By incorporating more data sources, advanced logic, as well as new, more expansive, and actionable reason codes, the sum of these enhancements pushes Socure well beyond check-box compliance.