How Loqate sets the standard in global address verification

The challenge

With over 130 different address formats across 250 countries and territories, address verification is challenging. Only a handful of countries have a standard postal address format. In fact many regions around the world use different ways to describe a location – such as neighborhood names, points of interest, or directions to a location, injecting noise into the data. 

Whether you are focused on cross-border commerce or conduct business in a single local market, solving the complexity and continuously changing nature of address data is challenging for established markets and exponentially difficult when dealing with international, hard-to-address cities or rural areas with little to no systematic address system.   

The solution

We solve this problem by combining the richest globally curated data from multiple postal, geospatial and local sources with a sophisticated matching and verification engine, ensuring the most accurate address data is captured and returned. 

The result? Verified address data that’s standardized, enriched, and structured to the most appropriate local format. 

How do we do it? 

Data curation:
We curate the most comprehensive and precise premise-level address data in the world by combining multiple data sources for each country into a single best address record. This is stored in our Global Reference Data and used by our verification engine to capture, verify and enrich. Our data curation applies industry-leading technology, human expertise, local knowledge and cultural context to enhance the precision and relevance of our reference data. 

36 separate data suppliers curated into single best records; 4 million+ additional premises added every 6 weeks; 185 top countries PDHed; 2 billion+ households worldwide; 630 million+ premise points.

Parsing and matching technology:
Our AI parsing and matching engines identify location elements and remove noise in the input data, while matching against the reference data to deliver an unrivalled global address capture, verification and enrichment capability. Our parsing and matching technology ensures the highest possible address match rates and uplift precision.

AI Parsing delivers greater address match rates and uplift than traditional parsing methods: +7.25% on avg. globally, +19% in developing countries like Indonesia and significant enhancements in established markets like Germany (+13.8%), USA (+8%) and the UK (+3.9%).

Easily deployable and highly performant APIs:
Our powerful address capture and verification APIs are architected to run on any application and scale to meet local or global needs. Loqate’s global address verification engine delivers cloud-native, low-code, platform agnostic and horizontally scalable options perfect for both smaller and larger-scale deployments.

In numbers: 99.98%+ Uptime; Avg. Latency 230-478ms, deployable on-premises in 3 easy steps with via Helm charts on Kubernetes (K8s) or containerised based on-premises environments.



The Loqate community of experts:
Our proposition is the application of our team’s unique product and location data expertise during the pre-sell, deployment and support phases to architect, optimize or fix a customer’s Loqate solution that meets their specific requirements. We are a community of location data experts across the world that can be relied on by our customers to help solve their problems – anywhere, anytime.

Why choose us? 

Loqate is the global leader in address verification – we set the standard by pioneering data curation methods and technological innovations that power our location data products and services. 

We give our customers the unrivalled precision and reliability they need to make location data-driven decisions, deliver superior customer experiences, help prevent fraud and enable cross-border commerce. We do it globally and at scale.

We are global address data experts, so you don’t have to be.  

 

"Since using Loqate, we have definitely seen a decrease in failed postal deliveries due to inaccurate address data."
Sebastian MillsHead of IT
GymsharkRead more