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Fraud Prevention, Identity verification

Next Gen Digital Identity Verification, Bolsters Banking-as-a-Service

Posted by Socure on Sep 24, 2019

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.

Artificial Intelligence, identification verification, Awards

Socure as One of Most Promising Artificial Intelligence Companies

Socure is Redefining Identity Verification for Financial Institutions by Reducing Fraud and Manual Reviews by 80 to 90 Percent
Posted by Socure on Sep 19, 2019

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.

ID+, Awards

2019 FinTech Breakthrough Award | Socure

AI-based Identity Verification Platform Selected from More Than 3,500 Entries for Transaction Security Innovation Award
Posted by Socure on May 6, 2019

ID+™ Digital Identity Verification Platform was selected from over 3,500 nominations to receive the Innovation Award for Transaction Security in the 2019 FinTech Breakthrough Awards. Judged by an independent panel of experts in the financial services and technology industries, these annual awards recognize the top “breakthrough” companies, technologies, and products in the global FinTech market. This year’s winners list is posted online at: https://fintechbreakthrough.com/winners/.

Digital Identity, Identity Fraud, Machine Learning, KBA

Socure Raises $30M in Additional Financing to Identify the Human Race

Series C Round Doubles Funding Following Breakthrough Business Results in 2018 for AI-based Digital Identity Verification Platform
Posted by Socure on Feb 28, 2019

NEW YORK--()--Socure has raised $30 million in Series C funding led by Scale Venture Partners. Previous investors participating in the round include Commerce Ventures, Flint Capital, Two Sigma Ventures and Synchrony, as well as new investor Sorenson Capital.

The company announced that Rory O’Driscoll, partner at Scale Venture Partners, is joining its board of directors. This investment brings total funding to $57.5 million.

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