On Identity, Trust and Fraud: In The News

Socure named one of the Top AI Companies in the world by CB Insights, highlighting its advancements in Digital Identity Verification

Posted by Socure on Dec 12, 2017 9:37:11 AM

San Francisco – December 12, 2017 – CB Insights today named Socure to the prestigious AI 100, a select group of promising private companies working on groundbreaking artificial intelligence technology.

Each year CB Insights puts together a list of AI 100 companies recognizing the teams and technologies that are successfully using AI to solve big challenges. Over 1000 companies applied this year and only 100 were chosen, representing the most promising companies using artificial intelligence in industries from drug discovery and cybersecurity to robotics and legal tech. 

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Topics: Press Release

Securing Consumer Data Beyond The SSN

Posted by PYMNTS on Nov 7, 2017 11:39:17 AM
SECURITY & FRAUD

The Social Security number (SSN) was never meant to get this much attention.

It was never meant to be shorthand for, well, you – proving that you are who you say you are, serving as a gateway to all manner of sensitive data and, of course, financial accounts.

Yet those nine numbers have become a standard bearer for identity verification, a gold mine for fraudsters – maybe rendered moot by the huge breaches at Equifax and other companies.

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Topics: Compliance, fraud prevention, digital identity

Socure reduces identity verification friction

Posted by Bankless Times on Nov 1, 2017 2:11:00 PM

Every business exists to serve their customers – the actual ones – not the stolen or synthetic identities but the actual people looking to buy the actual product and service; those who will pay for it.

Socure helps identify the actual customers, CEO Sunil Madhu said. Socure blends machine learning techniques with data gleaned from email, phone, IP, social media and the wider internet.

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Topics: Article

Socure Introduces Single API Digital to Physical Identity Verification on its Next-Generation Beyond-Human Predictive Analytics Platform

Posted by Socure on Sep 11, 2017 10:04:29 AM

NEW YORK, NY – September 11, 2017 – Socure, a leading provider of digital identity verification predictive analytics technology, today announced the next generation version of its beyond-human predictive analytics platform. Version 3.0 of the platform (codenamed Sapphire), features a modular design and includes a single API to handle digital to physical identity verification. Socure has partnered with AU10TIX, a subsidiary of ICTS International, and a pioneer in global passport and driver license processing solutions, to aid in document processing. 

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Topics: Press Release

Sunil Madhu talks about Building Fraud’s Meta-Machine with PYMTS.COM

Posted by PYMNTS on Sep 6, 2017 12:39:01 PM
SECURITY & FRAUD

Machine learning is new enough that it still sounds like a science-fiction concept

But what’s even more sci-fi is the idea of machines learning from other machines. That’s the end goal, though — and it’s closer than people think.

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Topics: Compliance, AML

Sunil Madhu talks about How To Feed The Fraud Fighting Machine with PYMNTS.COM

Posted by PYMNTS on Sep 6, 2017 10:17:06 AM
SECURITY & FRAUD

How do machines learn to learn?

In Episode Three of PYMNTS’ machine learning podcast, Socure CEO Sunil Madhu and PYMNTS CEO Karen Webster get technical as they explore the methods and processes that are making machines progressively smarter.

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Topics: Compliance, AML

Socure Grabs $13.9M In Funding, Eyes Market Growth

Posted by PYMNTS on Aug 9, 2017 11:15:47 AM
SECURITY & FRAUD

Huge win for Socure!

Digital identity verification company Socure announced news this morning (Aug. 9) that it closed a Series B funding round for $13.9 million.

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Topics: Compliance, AML

Sunil Madhu hosts a panel at K(NO)W Identity Conference

Posted by K(NO)W Identity on Jun 23, 2017 10:12:00 AM
SECURITY & FRAUD
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Topics: Compliance, AML, Authentication

Sunil Madhu talks about the Identity Verification Robot with PYMNTS.COM

Posted by PYMNTS on Jun 9, 2017 3:02:18 PM
SECURITY & FRAUD

If the robot army takes over, let them do identity verification

Which bot is the best bot? Sunil Madhu, founder and CEO of Socure, joined Karen Webster to discuss how Socure is training machines to help companies solve a variety of problems.

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Topics: Compliance, AML

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

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

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

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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