Instantly verify deceased customer status and simplify your record keeping
Verify deceased identities at any point in the customer lifecycle, without requiring a comprehensive CIP/KYC check.
Safeguard your organization against compliance and digital identity fraud risks
Verifying proof-of-life post-onboarding is often costly and time-consuming. Accounts held by deceased individuals pose substantial compliance risks and are susceptible to account takeover scams.
Key Benefits
Ensure regulatory compliance
Ensure regulatory compliance
Efficiently mitigate CIP/KYC compliance risks linked to deceased customer accounts through regular scrubs.
Prevent digital identity and account takeover fraud
Prevent digital identity and account takeover fraud
Promptly close deceased customer accounts to prevent financial losses from unauthorized transactions and synthetic identity charge-offs.
Auditable confirmation
Auditable confirmation
Documented proof of death, age at death, and deceased date satisfies record keeping requirements.
Comprehensive deceased identity verification
Socure leverages diverse deceased data sources with the power of machine learning to provide confidence in operations.
Expansive coverage
Use deceased indicators sourced from probate records, death certificates, obituaries, coroners’ reports, and other reliable sources for comprehensive data coverage.
Early detection
Gain confirmation of death weeks to months before updates are pushed to public government death master files.
Precise identification
Eliminate false positives by accurately distinguishing between younger living relatives and older deceased individuals using Socure’s machine learning models.
Key Capabilities
Source attribution
Source attribution
Confidently view the actual source of deceased records
Real-time or batch processing
Real-time or batch processing
Perform deceased status checks at any point in the customer lifecycle to ensure your records are up-to-date
Streamlined dispositioning
Streamlined dispositioning
Avoid customer friction with dedicated reason codes to minimize manual review
Critical protection for your organization at every stage of the customer lifecycle
Account opening
Verify applicant vitality prior to account approval
Customer portfolio management
Proactively identify risks with regular scrubs of your customer database
High-risk transaction vigilance
Check for deceased customer accounts before processing large withdrawals or wire transfers
Authorized user addition
Ensure that prospective credit card authorized users are alive and prevent account takeover fraud
Escheatment
Identify deceased customers, preserve assets, and initiate procedures for designated beneficiaries
Resources
Fact Sheet
Deceased Check Fact Sheet
Is your document verification process draining resources and introducing risk?
Let us simplify your record keeping.
Speak with an identity verification expert to learn more.