The Green Sheet Online Edition
March 3, 2025 • 25:03:02
Redefine ID security with speed, certainty and trust
In an era when fraud costs businesses hundreds of billions of dollars annually, fragmented security strategies and outdated solutions fall short in combating sophisticated fraud tactics. Socure, a provider of AI-driven digital identity verification, compliance and fraud prevention, introduced RiskOS, a cutting-edge risk decisioning platform designed to revolutionize identity security and compliance across industries.
Socure noted that RiskOS builds upon Socure’s acquisition of Effectiv, integrating a powerful orchestration and decisioning engine with Socure’s industry-leading identity verification and fraud prevention technology. The result, the company added, is a transformational platform that processes tens of thousands of real-time computations per second and launches with over 50 pre-integrated third-party data solutions—all accessible through an intuitive, no-code interface.
Why RiskOS stands out
Identity certainty is at the core of RiskOS. Leveraging Socure’s proprietary identity graph—which includes over 4 billion known outcomes across 2,800 customers and 40+ industries—the platform delivers an unprecedented 96.4 percent identity recurrence rate, Socure stated, adding that this means most identities have already been verified, enabling faster, more accurate decisioning with reduced friction.
RiskOS also employs SocureID, a unique identity mapping system designed to continuously monitor identity changes, fraud risks and regulatory exposures. Businesses can instantly decide on any Socure dataset at any point in the customer journey—without writing a single line of code, the company pointed out.
Key use cases
Socure affirmed that RiskOS addresses five critical areas of identity security and risk mitigation:
- Consumer onboarding: Reduces application abandonment with advanced identity verification and AI-powered decisioning, achieving a ~90 percent approval rate.
- Business onboarding: Automates KYB (Know Your Business) processes, including UBO checks and sanction screening, streamlining compliance.
- Bank account verification: Instantly validates bank account ownership and status, preventing unauthorized transactions.
- Account takeover prevention: Detects unauthorized access attempts using AI-driven anomaly detection and behavioral analytics.
- Trust and safety: Ensures frictionless, low-PII identity verification for marketplaces and digital platforms, enhancing user trust.
A new standard in risk decisioning
With dynamic no-code rule building, unified case management and flexible APIs, RiskOS enables businesses to rapidly adapt to evolving fraud threats. And its A/B testing and shadow mode allow organizations to refine decisioning strategies with minimal risk, the company pointed out.
Now available across industries including finance, fintech, gaming, ecommerce and telecommunications, RiskOS was created to redefine identity security—offering businesses speed, certainty and trust in an increasingly digital world.
Find out more at www.socure.com/solutions/riskos. 
Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.
Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.
