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.
CB Insights is the authority on emerging trends in artificial intelligence, regularly featured by leading media. The AI 100 list was announced today at the A-ha! Conference in San Francisco.
Socure is the leader in high-assurance digital identity verification technology. Its predictive analytics platform applies artificial intelligence and machine-learning techniques with trusted online/offline data intelligence from email, phone, address, IP, social media and the broader Internet to authenticate identities in real-time. Socure powers financial inclusion, increasing acceptance as much as 40 percent for millennials and other thin-file consumers. It also reduces fraud for online new account opening by up to 90 percent, lowers manually reviewed 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. Socure was founded in 2012 and is based in New York City.