News

NEW YORK--(BUSINESS WIRE)--Socure and Alloy today officially announced a partnership that enables financial institutions to make real-time digital identity verification decisions with unprecedented speed and accuracy for onboarding new customers. Using the combination of Socure's AI-based identity risk scoring and Alloy’s workflow management has helped Radius Bank, an innovative digital bank, cut fraud in half, virtually eliminate manual reviews, and achieve a major boost in its new account conversions.

NEW YORK--(BUSINESS WIRE)--Socure, a leading provider of predictive analytics for digital identity verification, today announced its founder and data science visionary Sunil Madhu will participate on the panel entitled “The Power of AI for Real Identity Verification” at the upcoming Money20/20 USA conference in Las Vegas.

NEW YORK--(BUSINESS WIRE)--Socure, a leading provider of predictive analytics for digital identity verification, today announced the results of its first Aida’s Insights on Identity report, the Fake ID Edition. It found that fraudsters have virtually eliminated any single reliable indicator for detecting fake identities online. Data gathered from Socure customer transactions by Aida, the company’s identity verification robot, reveals that when considering common signs of fraud the difference between authentic and fake identities is nuanced at best.

NEW YORK--(BUSINESS WIRE)--Socure, a leading provider of predictive analytics for digital identity verification, today announced it was named a Cloud 100 Rising Star for 2018 by Forbes. Cloud 100 Rising Stars are the 20 fastest-growing cloud companies that are still too small or too young for the The Forbes Cloud 100 list of the biggest and best private companies in the cloud. The company was also recently named an IDC Innovator for identity proofing by research firm International Data Corporation (IDC).