Case Study: Dwellsy increases fraud capture 464% with Socure ID+
Key results
The challenge
Dwellsy, a U.S. residential rental marketplace launched in 2019 with more than 13 million rental listings, faced high false positives and limited data to identify fake listings. Account onboarding friction and costly, time-consuming manual reviews compounded the problem.
The solution
Dwellsy deployed Socure's ID+ platform through a single API, combining Sigma Identity Fraud, Sigma Synthetic Fraud, Sigma Device, Predictive DocV with Liveness, Email and Phone RiskScore, a Decision Module, and an Alert List. This let the team add step-up document verification without orchestrating multiple point solutions.
“Socure's ID+ platform provides us with the ability to deploy a suite of solutions through a single API, including step-up with predictive document verification.”
RBRosalind BordoCo-founder and CPO, Dwellsy
The results, in context
According to the published story, Dwellsy achieved a 464% increase in fraud capture and a 90% increase in the auto-approval rate of 'good' applicants. The company reports it reduced applicant false positives and established a platform of trust while growing the business.