

Socure has introduced one of their first AI-powered assistants for Global Watchlist Screening and Monitoring.
This pioneering solution is set to redefine how financial institutions, FinTech companies, and global businesses manage compliance challenges associated with sanctions, politically exposed persons (PEP), and adverse media screenings.
The catalyst behind this innovation stems from the ongoing inefficiencies plaguing traditional watchlist screening processes, such as high rates of false positives, burdensome manual reviews, and complex regulatory demands. These challenges have intensified with escalating penalties for non-compliance, which have surpassed $8bn globally in recent years.
Socure’s core capabilities are centred around harnessing the power of AI to enhance digital identity verification systems. Their technology is instrumental in refining the accuracy and efficiency of regulatory compliance measures across various sectors.
The newly launched AI-powered assistant enhances Socure’s Global Watchlist Screening and Monitoring solution by employing a patent-pending two-stage scoring system. The initial stage evaluates the alignment of a customer’s name with potential watchlist entries, which is then augmented by additional personal identifiable information to refine risk assessments. The subsequent Entity Correlation Score simulates an analyst’s decision-making, crucially reducing false positives and the dependency on manual reviews.
Further attributes of Socure’s AI assistant include real-time analysis capabilities, processing potential matches in just two seconds, and the use of Natural Language Reasoning to decrease false positives. The system supports streamlined decision-making, allowing for quick additions of investigative notes and generating regulator-ready documentation effortlessly.
Additional enhancements encapsulated in this launch include a dramatic reduction in manual reviews by 78%, an 80% quicker review process, and up to a 60% cut in compliance operational costs, facilitated by AI-generated narratives.
Debra Geister, Vice President of Regulatory and Compliance Solutions at Socure, emphasized, “The compliance landscape is evolving rapidly, and traditional watchlist screening simply hasn’t kept pace with the demands of modern risk management. With our AI Copilot, we are eliminating inefficiencies, slashing review times, and delivering the most precise match intelligence in the industry—all while reducing operational costs and analyst fatigue. This is a massive leap forward for compliance teams, giving them the speed, accuracy, and confidence they need to stay ahead of regulatory challenges.”
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