rewrite this title Socure Launches Remote Verifier, Wins Multi- Million Identity Proofing Contract – Finovate

Identity verification and risk intelligence firm Socure launched its Remote Verifier solution this week.

Available within the company’s RiskOS platform, Remote Verifier supports human agents when verifying identities for the small percentage of the population that cannot be accurately verified using traditional methods.

Socure most recently demoed its technology at FinovateFall 2017. Johnny Ayers is Founder and CEO.

Trust infrastructure provider for global identity and risk intelligence, Socure, has unveiled its Remote Verifier. The new offering, available in Socure’s RiskOS platform, is designed for individuals who do not initially pass Socure’s verification process, do not want to use automated systems, or require a manual option to verify their identity. While Socure notes that this is a relatively small population—the company believes fewer than 1% of all individuals will require Remote Verifier—the solution nevertheless helps organizations accurately and efficiently verify every identity presented. Remote Verifier provides human agents with uploaded identity documents, explanations for why the initial check failed, real-time Socure fraud intelligence signals and risk indicators, relevant attributes, and other verification insights to make efficient, evidence-based decisions that reduce friction and ensure compliance.

“Socure’s new Remote Verifier gives human reviewers the data and insights needed to make high-confidence identity decisions while limiting the friction felt by individuals accessing critical government services,” Socure Head of Public Sector Jordan Burris said. “This new integration ensures that live agents are not reviewing documents in isolation or using basic video conference software but are operating with the full context of Socure’s AI-driven fraud detection and identity intelligence. Ultimately, Socure is enabling public sector organizations to make smarter decisions that safeguard program integrity and prevent fraud, all while delivering an improved customer experience.”

RiskOS (Risk Operating System) is Socure’s AI-native decisioning and orchestration platform for identity verification, fraud prevention, risk management, and compliance. The platform integrates multiple data sources, enables real-time identity verification, fraud detection, and risk assessment workflows, and covers the full spectrum from identity verification to transaction monitoring, credit underwriting, and KYB solutions. Within RiskOS, Remote Verifier will enable teams to add remote identity document verification capabilities alongside the platform’s existing identity verification, fraud detection, and risk assessment tools.

“Socure has been a trusted partner for many years and a critical part of our ecosystem as we modernize loan and grant programs across the federal government,” Allocore CEO Bill Webner said. “Together, we’ve helped transform critical federal systems—blocking hundreds of millions of dollars in fraudulent activity each month while improving access for legitimate applicants. As we expand this partnership to support efforts to unify and modernize lending and grant programs, integrating Socure’s Remote Verifier into our turnkey IAL2 solution, including closing and notary capabilities, will deliver even greater value to our federal customers.”

Allocore is a leading provider of modern technology solutions for government lending, grants, investment management, and fraud prevention. The company’s platform helps federal agencies streamline operations, meet regulatory compliance obligations, and leverage automation, data intelligence, and AI-driven innovation to deliver better outcomes for customers.

Founded in 2012 and headquartered in New York, Socure most recently demoed its technology at FinovateFall 2017. The company specializes in digital identity verification, compliance, and fraud prevention, leveraging AI and machine learning to achieve high accuracy, automation, and capture rates. With more than 3,000 customers, Socure works with 19 of the 20 top US banks, 13 of the 15 top US credit card issuers, 4 of the top 5 social networks, and 600 leading fintechs. Johnny Ayers is Founder and CEO.

Socure’s new product announcement comes just days after the company reported securing a five-year, $163 million contract with Login.gov. Login.gov acts as a single, secure account to facilitate access to a variety of government services. Serving as subcontractor for Xcelerate Solutions, a defense and national security company, Socure will help deliver an identity verification solution that provides a continuous view of identity, including real-time identity resolution, attribute validation, fraud detection, behavioral analytics, and digital intelligence. The partnership will be especially helpful in enhancing the government’s remote identity verification capabilities.

“Organized networks and nation-state actors are deploying advanced techniques to exploit identity infrastructure at a speed that legacy systems cannot match, and an adaptive data-driven approach is the only credible way to stay ahead,” Socure Head of Public Sector Jordan Burris said. “The good news is we can do that without creating new barriers for the Americans who depend on these services, and that is exactly what we set out to achieve with Xcelerate.”

Photo by Muhammed Ensar from Pexels

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