Socure

Socure
Socure is the leader in high-assurance digital identity verification. The company’s predictive analytics platform applies artificial intelligence and machine learning to trusted online/offline sources including email, phone, address, IP address, social media and traditional GLBA/DPPA data to authenticate identities in real-time. The Socure ID+ platform reduces fraud by up to 90 percent, lowers manual review/knowledge-based authentication (KBA) rates by as much as 80 percent, and automates Customer Identification Program (CIP), Know Your Customer (KYC) and anti-money laundering (AML) compliance initiatives.
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Recent Posts

Alloy, Identity verification, Fraud, Identity Proofing, Fintech

Alloy and Socure Partner to Automate Digital Identity Verification and Onboarding for Financial Institutions

Joint Solution has Enabled Radius Bank to Reduce Fraud by 50%, Manual Reviews by 95% and Increase New Account Conversion by 30%
Posted by Socure on Oct 17, 2018

NEW YORK--()--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.

Money 20/20, Sunil Madhu, AI, Identity verification, digital identity verification

Socure Founder to Discuss How AI is Reshaping Digital ID Verification at Money20/20 2018

Posted by Socure on Oct 10, 2018

NEW YORK--()--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.

Identity theft, Identity verification, Machine Learning, Fake identity, Aida

Socure Reveals Eight Leading Indicators of Fraud in Aida’s Insights on Identity Report

Posted by Socure on Oct 3, 2018

NEW YORK--()--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.

AI, Identity verification, Forbes, digital identity verification, Forbes Cloud 100 Rising Star, IDC Innovator

Socure Named a Forbes Cloud 100 Rising Star for 2018

Leading Business Publication Recognizes Company for Analytics-based Digital ID Verification that Creates New Opportunities for “Credit Invisible” Consumers
Posted by Socure on Sep 17, 2018

NEW YORK--()--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).

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