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Socure Launches Remote Verifier, Wins Multi- Million Identity Proofing Contract

70 pts · High·Finovate·1h ago · Jul 16, 19:22 UTC·1 min read
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Socure has launched its Remote Verifier, an identity verification tool integrated into its RiskOS platform. This new service caters to individuals who may fail the initial verification process, prefer not to use automated systems, or need a manual verification option.

In conjunction with this launch, Socure has secured a multi-million dollar contract for identity proofing, underscoring the growing demand for robust identity verification solutions in the financial services sector. The Remote Verifier aims to enhance user experience while ensuring compliance with regulatory standards.

Key takeaways

  • Socure's Remote Verifier provides a manual identity verification option for users who do not pass initial automated checks.
  • The tool is part of Socure’s broader RiskOS platform, enhancing its identity verification capabilities.
  • The multi-million dollar contract indicates strong market demand for reliable identity proofing solutions.

Why this matters

Socure's introduction of the Remote Verifier addresses a critical need for manual verification, which can enhance customer inclusivity and trust in identity checks. This move could position Socure strongly against competitors in the identity verification space while helping financial institutions comply with stricter regulations on customer identification.

Entities

Companies: Socure
Products: Remote Verifier, RiskOS

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