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HomeBankingSocure: Launches ID verification tech for BNPL

Socure: Launches ID verification tech for BNPL

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%
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