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Socure, a leader in high-assurance digital identity verification, was awarded the 2019 API Award for Best in Data APIs by API World. Regarded as one of the most prestigious recognitions in the industry, the awards celebrate the technical innovation, adoption and reception of APIs and Microservices, including use by a global developer community.

Socure, a leader in high-assurance digital identity verification, today announced that Erick Soto, Vice President of Product, will demonstrate Socure’s latest ID+ platform v3.0 at BankAI, an industry conference where practitioners and business leaders will share examples of their real world AI deployments.

Presenting on Monday, October 7 at 11 a.m. CDT in Chicago, Erick will demonstrate how ID+ integrates instantly into existing on-boarding or ID verification processes, providing the cornerstone of a solid KYC/CIP program. To experience the demo and learn more, please visit Booth 103 inside the exhibit hall during dedicated hours.

“Using our unique predictive analytics platform, we apply artificial intelligence and machine learning to both trusted online and offline sources of data to enable real-time identity authentication,” said Erick Soto, Vice President of Product for Socure. “Our platform has helped customers reduce their fraud by 85 percent, saving more than $50 million in financial losses. We are looking forward to demonstrating how our platform works to all attendees at BankAI.”

Socure’s 3.0 platform features a modular design and includes a single API to handle digital to physical identity verification. The combination of digital identity verification with an optional physical document authentication provides the greatest level of assurance achievable that an identity is valid, belongs to the user being verified and is risk free.

Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced its partnership with Socure to deliver best-in-class digital identity verification and fraud protection capabilities through Q2 Open’s CorePro, an agile, cloud-based core processor and system of record.

Socure, a leader in high-assurance digital identity verification, today announced that Forbes, a leading business publication defining the voice of entrepreneurial capitalism, has named Socure one of America’s most promising artificial intelligence companies in its Forbes’ AI 50 list. The list recognizes startups that have demonstrated leadership in the areas of artificial intelligence (AI), machine learning, natural language processing, or computer vision as a part of their core business model.