Socure: Launches ID verification tech for BNPL
- Socure is the leading platform for digital identity trust. Its predictive analytics platform applies artificial intelligence
- Announced the introduction of the first identity verification and fraud solution purpose-built for the Buy Now, Pay Later (BNPL) industry
- The solution leverages the technology and data currently used by more than 100 top BNPL providers, alternative payment providers
- Developed the solution using deep identity and transaction data that enables multiple leading BNPL providers to attract new merchants
- At the core of BNPL-specific solution are powerful identity verification capabilities
- The solution has proven to safely boost online account auto-acceptance rates by up to 97%
