DecisionLogic

Account Verification helps businesses minimize risk by matching a consumer's bank account or credit card used for payment with their personal identifiable information data. It verifies the identity of the consumer and that the valid form of payment is associated with that identity, which helps businesses recognize fraud at the point of interaction. This product can also confirm that commercial bank account details presented by a business are accurate and associated with that business. Mitigate risk by verifying the identity of consumers with their account numbers. Mitigate risk for payments associated with new account openings or loans. Assess the risk associated with paying monthly online bills and new purchases. Accept a credit card and/or bank account with confidence for vehicle down payments. Reduce the risk of chargebacks for consumers making a payment or purchase online. Minimize payment risk for monthly premiums, and paying deductibles on claims.

Market-leading coverage and accuracy from the most comprehensive solution. Over 1000 companies rely on Socure to ensure customer trust and unlock rapid acquisition growth across all channels. Socure serves 1000+ customers including financial services and fintech leaders, and we’re rapidly expanding across adjacent verticals, including telco, payroll providers, crypto, government & public sector, healthcare, online gaming, cable, and insurance. Socure ID+ supports automated machine-learning identity fraud risk management, as well as data-centric Know Your Customer (KYC) and Global Watchlist compliance tools, all returned with reason codes for decision transparency. DevHub is a central hub for developers to easily integrate and quickly build identity verification applications on the Socure ID+ Platform. DevHub contains documentation for all product modules, an API Reference Guide, a support ticketing system, and the latest communication updates in a self-service model for developers.