New 42-day free trial
Smarty

SmartyStreets adds 15 million US addresses and better match rates

Smarty adds 15 million US addresses and better match rates header image
Trent Howell
Trent Howell
 • 
July 20, 2021
Tags

July 20, 2021 - PROVO, UTAH - SmartyStreets, a leader in location data intelligence, announces the release of the new US Address Verification - Enhanced Matching. Enhanced matching successfully verifies the messiest of addresses and includes 15 million additional valid addresses not found in the USPS address database.

The new enhanced matching engine successfully validates and corrects more ill-formatted addresses than ever before. Corrections include greater varieties of misspellings, redundant text, incomplete addresses, and sloppy data. Recently, 2 million low-quality addresses were processed using the new engine. It found over half a million matches that previously failed when processed by more conventional address verification engines.

“Addresses that are too messy for other address verification software must be corrected manually,” explained Jonathan Oliver, Founder of SmartyStreets. “Depending on the size of your databases, a matching improvement like what we’ve seen with our new enhanced matching engine may lead to saving thousands of man-hours.”

Messy addresses are also prone to result in false positive matches. False positives happen when addresses that shouldn’t match get matched anyway. Increasing match rates without increasing false positives is a major challenge.

“False positives are dangerous to organizations because they’re bad data in your system; bad data that is disguised as good data. And, bad data costs you money.” Oliver continued. “We managed to increase our match rates while keeping our false positive rate as low as ever. Users get more matches without increased risk of bad data.”

By combining SmartyStreets enhanced matching capabilities with 15 million additional addresses that aren’t included in the postal address database, match rates improve even more. Users get newly available address metadata points on these non-postal addresses that lead to improved spatial analysis and data quality.

US Address Verification - Enhanced Matching also comes with the extremely high processing speeds SmartyStreets is known for. Speeds up to 580,000 records per second mean that SmartyStreets can validate all 175 million US delivery points in about five minutes. SmartyStreets also features enterprise plans that are even faster. The engine is well-documented and available through an API, CLI, and a suite of web-based tools.

To try SmartyStreets US Address Verification - Enhanced Matching, visit the demo. As with all SmartyStreets products, US Address Verification comes with SmartyStreets’ unlimited customer service, 100% uptime guarantee, and easy implementation.

Subscribe to our blog!
Learn more about RSS feeds here.
rss feed icon
Subscribe Now
Read our recent posts
Ecommerce shipping efficiency tools you need: Address autocomplete and verification
Arrow Icon
We know it’s not New Year's anymore, but we can still push for improvement and efficiency in our lives. Maybe you’ve lapsed on that goal to be healthier or slightly slipped on your new reading and writing regimen. No worries. Not only are we here to remind you to KEEP GOING on whatever goals you have, but we’re also here to give you an easy-to-implement solution that will create shipping efficiency and stop sending packages into the void. I mean, we’re assuming you don’t like wasting money. If you do… that’s how we’re different.
Patient form optimization: The $17.4 million problem
Arrow Icon
Let's start with a number that should make every hospital administrator do a double take: $17. 4 million. That’s how much the average hospital loses annually—just from denied claims due to patient misidentification. This isn’t from equipment costs, not from staffing shortages, and not even from insurance negotiations—just from keeping bad patient data. Surely, our forms aren’t that bad. (Yes, they are, and stop calling me Shirley. )But here’s the reality: According to the 2016 Ponemon Misidentification Report, 30% of hospital claims get denied, and over a third of those denials are caused by inaccurate or incomplete patient information.
The GPS adventures of a distracted developer
Arrow Icon
My name is Jeffrey Duncan, and at the pestering of Smarty’s editor, I’m writing a blog about the many adventures I’ve had in life and how address data has played a big part in them. I met my wife about eight years ago on a dating website. At the time, I lived in Provo, Utah, while she lived in Palmwoods, Australia, on the east coast of Queensland. On this dating app, I entered the area where I was interested in finding someone, about a 25-mile radius of Provo, Utah. I had no intention of leaving the valley, definitely not the state, and certainly not the country.

Ready to get started?