Socure, leading provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, has officially announced the launch of its next generation Document Verification (DocV) solution, which is purpose-built to tackle stolen identities, spoofing, and highly sophisticated deepfake attacks. According to certain reports, the stated solution comes decked up with an ability to navigate at once every possible aspect of a potential cyberattack, and it does so in no more than 2 seconds, as well as with no impact to the user experience. Leveraging a multi-layered defense approach, it further analyzes in real-time over thousands of document signals, including PII, barcode data, device, and behavioral intelligence, geolocation, and biometric signals, to ensure top-notch accuracy in every single case. The next generation DocV solution in question even addresses consumer friction concerns presented by typical document and biometric verification solutions. You see, it does one better on its counterparts by bringing the verification timeframe down to a P95 of 1.5 seconds, compared to the industry average of more than 30 seconds, with some even requiring several minutes to return a decision.
Talk about the whole value proposition on a slightly deeper, though, we begin from the product’s deepfake selfie detector. This detector banks upon several carefully curated deepfakes that are birthed, on their part, by more than 20 different AI generators to ensure production of a very realistic diversity of body shapes, ages, skin tones, postures, lighting conditions, backgrounds and ethnicities. The stated deepfakes, in essence, train Socure’s selfie models to thwart spoofing attacks with incredible precision. Next up, we have Socure’s new patented fake ID detection technology, which can indentify anomalies in even the most carefully-constructed barcodes. Furthermore, it can also cater to those barcodes that are blurred or difficult to read due to natural wear and tear. Hence, the new technology should take any unreadable, machine generated or low quality barcode as input and then reconstruct a clean, “super resolution” barcode that is easy to read, all while maintaining the PII originally encoded within the system. Such a technology, markedly enough, allows for the system to verify front and back consistency, check barcode security compliance with issuing authority standards, and protect against deceptive barcode fraud that can easily deceive a human reviewer.
Another detail worth a mention is concerned with how Socure’s new DocV solution can seamlessly examine the correlation and risk related to the identity behind the credential, which happens to be a powerful combinatorial capability unique to Socure. On top of that, it can also use the company’s identity graph and its lowdown on whether the PII on the credential has been used with other identities, or was historically linked to risk, to map and analyze contextual data on consumers. Hold on, there is more, as the solution further arrives on the scene with the means to fuse together device and phone ownership information, behavioral data, PII, and geolocation data with document authenticity analysis, face image comparison, liveness detection, deepfake detection, and barcode detection, thus making it nearly impossible for a fraudster to create a digital doppelganger. In its current shape and form, DocV can be used for age verification across online gaming and gambling, alcohol, and cannabis purchases, and driver verification across micromobility, car-sharing services, ride-sharing drivers, car rentals, food delivery services, alcohol, and cannabis delivery. Beyond that, it can also be used in identity verification and KYC for new applications or high risk transactions, step-up authentication, two or three party marketplace ID verification, obtaining verifiable parental consent, accessing government services, and more.