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SolutionsSocure's versatile identity verification solutions tackle a wide spectrum of challenges, from onboarding and beyond.
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ProductsFraud & RiskComplianceID + BiometricAccount IntelligenceExplore the future of identity verification and trust with our comprehensive suite of AI-powered products.Fraud & RiskComplianceID + BiometricAccount IntelligenceSigma Identity Fraudfor the most accurate third-party fraud detection leveraging a 360° view of digital identityPhone RiskScoreto instantly predict risk and verify phone ownershipSigma Synthetic Fraudfor uncovering complex manipulated and fabricated synthetic identity fraudAddress RiskScoreto instantly predict the risk connected with physical addressesSigma First-Party Fraudfor minimizing early payment default, bad faith dispute abuse, and chargeback lossesDigital Intelligencefor passively verifying user devices behavioral biometrics to to detect fraud and improve UXEmail RiskScoreto instantly predict risk and verify email ownershipGraph Intelligenceto quickly transform complex identity connections into actionable insightsPortfolio Scrubreveal compliance and fraud risks in your existing customer accountseCBSVfor instantly verifying a consumer-provided name-DOB-SSN match with the SSASocure Verify Plusfor precise, accurate, and inclusive identity verificationGlobal Watchlist Screening with Monitoringfor sanctions screening, PEP, and adverse media risk managementDeceased Checkfor validating deceased identities at any point in the user lifecyclePredictive DocVfor quick and accurate ID document and biometric verification with liveness detectionSocure Acccount IntelligenceVerify bank account ownership and status with inclusive, instant resultsGet customized strategies from our experts to drive your success. Start now.Get a Demo
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Public SectorSocure empowers governments to combat identity fraud while ensuring equitable access to public services. Our AI-driven platform delivers unparalleled accuracy in identity verification, helping agencies stop fraudsters without compromising access for underserved populations.
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ResourcesDive into Socure's resource center to access expert insights on identity verification and fraud prevention through eBooks, reports, articles, infographics, and our blog. Stay ahead with innovative strategies from industry leaders.
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CompanyLearn more about the award-winning people and technologies that power Socure.
Socure Solution Insights: New Predictive DocV 3.0 SDKs Offer Accessible, Enhanced User Experience and a 10% Lift in Conversion
Following the June 2023 acquisition of Berbix and recently launched Predictive DocV 3.0, the Document Verification team is excited to share an update on our new SDKs (software development kit) version 4.0 for mobile and web platforms.
What does this look like in practice? Intelligent innovations like optimized barcode detection and a streamlined, stable user experience have led to a 10% lift in conversion rates, a 15% increase in auto-capture rates through image quality checks, and an overall smooth experience for Predictive DocV users.
The enhancements in the SDKs offer users increased clarity, accessibility, and speed to drive higher applicant conversion rates and improved accuracy. This significant boost includes improving image validation models, optimizing quality checks like blur and glare, and refining data extraction capabilities to further reduce the rates of application abandonment due to friction.
For the DocV team, our north star is for the SDKs to continue to push the envelope for an unparalleled user experience on government-issued ID documents and selfie captures.
Reimagining the Identity Document Verification Process
The new SDKs represent a complete reimagining of how organizations can collect government IDs and selfies from end users during the identity verification process. The updated full screen capture interface is lightning fast – users receive verification results in under 3 seconds – with new animations showing the ID being scanned, and rendering what was detected back to the user. Ensuring sufficient image quality before processing provides clarity into the verification process. This is a critical step in the document verification process, as it ensures the efficiency of forensics analysis.
If quality checks such as blur or glare fail, users are prompted immediately to recapture – rather than restarting the whole process later.
In addition to serving as a step-up solution for our financial services customers, DocV supports a number of emerging use cases including driver’s license verification and age verification for certain restricted purchases. Having a radically accurate solution in these scenarios is critical to weed out bad actors.
A 10% Lift in Conversion
Intelligent barcode detection for specific ID types and optimized resources also contribute to a more stable, streamlined experience for end users.
Our initial data shows that the thoughtful UX optimizations translate to a 10% lift in conversion rates. Considering that high friction identity verification processes cause many users to abandon transactions, improving completion rates with a smoother user experience has a significant impact on the customer’s bottom line.
We’re also seeing a 15% increase in the auto-capture rates. Without requiring any extra user action, these capabilities ensure image quality checks and document detection before automatically scanning the document.
With ongoing innovation and a focus on delivering a superior customer experience, Predictive DocV leads the market in performance and continuous improvements.
Access for All
Accessibility is a key focus of the new SDKs. Features such as audio guidance help make identity verification inclusive for visually impaired users through step-by-step guidance during the capture process, while machine-driven decisioning helps reduce bias.
With this DocV enhancement, we can help make identity verification work for all users – and it puts us one step closer to our mission of verifying 100% of good identities in real time.
Learn more about Predictive DocV 3.0 here, or schedule a call.
Deepanker Saxena
Deepanker Saxena is the Director of Product at Socure, leading the Document Verification products. He drives the product’s vision and strategy, utilizing cutting-edge machine learning and AI technologies to develop scalable and secure identity verification solutions. Deepanker collaborates closely with cross-functional teams across data science, engineering, and business operations to continuously enhance the product's capabilities. Passionate about solving real-world challenges, Deepanker is committed to building inclusive and impactful products that promote trust and security across industries.