International Money Transfer Company Uses Socure to Identify Customers Online with High Accuracy and Low Risk The Business Challenge REAL IDENTITY VERIFICATION | SOCURE.COM Just as the financial landscape has been transformed by the Internet, so has fraud. Financial institutions now struggle with identifying the “faceless customer, ” or the consumer behind the screen. Digital payment transfer enables lightning speed transactions, but with the added risk of mistaken or fraudulent identity of senders and receivers. If a business can’t see the customer or verify them through traditional means, how can it know it is doing business with the right person and not a fraudster? Most identity verification products rely on credit bureau data, which excludes consumers who don’t have sufficie

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