Socure updates KYC solution, improves onboarding rates for Gen Z customers

Digital identity verification platform provider Socure has claimed it can verify the identities of over 70% of 18-year-olds opening their first accounts with its new KYC solution.

Socure claims that this success rate surpasses “any other provider in the market by at least 30%.”

Generation Z, those currently aged between 8 and 23, have traditionally been some of the hardest to verify for the purposes of KYC, this can be for reasons such as their lack of traditional credit history …

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