On Identity, Trust and Fraud: In The News

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

PRESS RELEASE

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

PRESS RELEASE 

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+

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

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

New Research Shows the Increase in EMV Card Chip Technology Adoption has Drastically Increased Online Fraud

Posted by PYMNTS on Mar 31, 2016 8:30:00 AM

PYMNTS.com Digital Identity TrackerTM, powered by Socure, Releases the Latest Industry News in and Around Secure Convenience Through Biometrics and Other Sustainable Alternatives to Passwords

PYMNTS.com via BusinessWire
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Topics: Press Release, ID+

Socure CEO to Address Banking Industry Leaders at BAI Payments Connect Conference on Combatting Fraud

Posted by Socure on Mar 2, 2016 7:00:00 AM

Alternative Data, ‘Digital Exhaust’ Provide Key Insights to Better Fraud Prevention, Digital Identity Verification

NEW YORK, March 2, 2016 — Socure (www.socure.com), the industry leader in digital identity verification, today announced that Sunil Madhu, its chief executive officer, will speak to banking industry leaders about ways to reduce payment fraud, at next week’s BAI Payments Connect conference, being held in San Diego.

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Topics: BBVA, ID+, Events

Socure Joins Industry Leaders as a Member of the FIDO Alliance

Posted by Socure on Feb 18, 2016 7:30:00 AM

Brings Expertise in Digital Identity Verification to Help Industry Consortium

NEW YORK, February 18, 2016 — Socure, the leader in digital identity verification, today announced that it has joined the FIDO (Fast IDentity Online) Alliance, a non-profit, industry consortium developing open, scalable and interoperable authentication standards to reduce the reliance on passwords to securely authenticate users of online services, and to reduce the risks of online identity theft and fraud.

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Topics: Press Release, ID+

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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