On Identity, Trust and Fraud: In The News

Sunil Madhu talks about Machine Learning for ID Verification with PYMNTS.COM

Posted by PYMNTS on May 18, 2017 10:27:37 AM

When Machines Do The IDV Work Of People

The potential of machine learning is capturing interest across industries. Sunil Madhu, founder and CEO of Socure, joined Karen Webster to get a sense of machine learning as a concept and address what problems the technology can address in IDV.

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Topics: Compliance, AML

Socure Closes $13M Funding to Further Innovate Digital Identity

Posted by Socure on Dec 13, 2016 9:00:00 AM

Financing Will Accelerate Go-to-Market Strategy, Expansion


NEW YORK, NY – December 13, 2016 -- Socure, a pioneer in digital identity verification technology, today announced that it has closed a $13M round of funding led by Flint Capital, with participation from ff Venture Capital, Santander InnoVentures and Two Sigma Ventures, among others. The company will use the capital to scale operations, accommodating the 300% growth it has seen in 2016. The funds will enable Socure to more quickly innovate its digital identity verification platform, and continue to deliver the most predictive solution in the industry.  

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Topics: Press Release, ID+

Socure Reveals New Interface for Digital Identity Verification at Money 20/20

Posted by Socure on Oct 25, 2016 11:00:00 AM

Update Enhances Analytics for Better KYC, AML Compliance, Optimizes Manual Review Processes


LAS VEGAS, NV – October 25, 2016 – Socure, a pioneer in digital identity verification, today announced a momentous redesign of its digital identity dashboard service to better equip organizations with a powerful new way to understand the complete online and offline persona of a consumer. The news comes on the heels of a series of exciting developments at the company, including several industry partnerships, and a marked increase in year-on-year growth. 

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Topics: Money 20/20, ID+

Sunil Madhu talks Robo-Compliance with PYMNTS

Posted by PYMNTS on Oct 13, 2016 10:01:00 AM

Decoding The Alphabet Soup Of Compliance

From AML to KYC, and even CIP, there’s no shortage of acronyms in the regulatory and compliance space. Sunil Madhu, founder and CEO of Socure, joined Karen Webster to break down what these terms really mean and share his own insights on some of the key trends impacting this ever-evolving industry.

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Topics: Compliance, AML

ETA Transaction Trends: The Payments Security Revolution

Posted by Sunil Madhu on Aug 15, 2016 10:41:25 AM

Socure CEO Sunil Madhu predicts where the Payments Industry is going from a security perspective in this guest article for ETA Transaction Trends. The Electronic Transactions Association (ETA) is the trade association for the payments industry. In the article, Sunil explores how the forces of EMV, IoT, and mobile elicit revision of the trade-offs between usability, privacy and security.

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Topics: Article, Trends

Santander InnoVentures announces investment in digital identify verification firm Socure

Posted by Socure on Jun 22, 2016 6:57:29 AM

New York-based provider of real-time digital identity verification solutions becomes Santander InnoVentures’ ninth portfolio investment

Press Release

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Topics: Press Release

FinTech’s Digital Identity Crisis

Posted by PYMNTS on Jun 14, 2016 10:36:00 AM

Karen Webster and Socure’s Ken Allen hosted a digital discussion recently about how the payments and financial service providers should manage the digital identity crisis facing them and reliably authenticate consumers. One framework and 4 pillars later, they offered an approach that might help the ecosystem reconnect with its authentication ego-id-superego.

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Topics: Article, ID+, Financial Inclusion

A Layered Approach To Consumer Authentication

Posted by PYMNTS on Jun 7, 2016 9:00:00 AM

The smartest organizations are taking a layered approach to consumer decisioning,  by separating identity verification from credit determination. Big Data enables them to blend intelligence with conventional offline data for hyper-informed decisions, in a way that doesn’t cut corners on the best security practices. (PODCAST) 

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Topics: Article, ID+, Financial Inclusion

Socure Expands Global Watchlist Coverage for KYC/CIP & AML Compliance 

Posted by Socure on May 19, 2016 7:30:00 AM

Organizations of Any Size Able to Meet Regulations, Enforce Sanctions Worldwide in a Single Source Solution Integrated with ID+ Digital Consumer Verification


New York, May 19, 2016 — Socure, the leader in digital identity verification, today announced expanded coverage for global watchlist filtering and sanctions compliance. The move enables organizations to meet regulations set by the US and other nations to interdict known or suspected money launderers, terrorists, criminals, politically exposed and other persons considered high risk.

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Topics: Compliance, AML, KYC, Watchlists

Why Credit Isn’t Working For Financial Inclusion

Posted by PYMNTS on May 10, 2016 10:27:00 AM

Acquiring that financial health means financial institutions are able to not only know, but accurately identify, their customers.

But for many financial institutions, the use of credit as a determining factor on whether to provide access to banking products or not transforms the decision from one based on identity to one based on credit – a choice that can subsequently lock millions out of the financial world.

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Topics: Article, ID+, Financial Inclusion

In The News

Articles & Press Releases

Our team is constantly sharing what we've learned from years of security, financial technology, fraud risk mitigation and identity verification.  Here, we have included some stories of interest we wrote, or were quoted or mentioned in. 

You'll also find press releases detailing our recent product launches, new additions to  our fast-growing team, as well as corporate and funding news.  

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