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.

Aida, Sunil Madhu, PYMNTS, Machine Learning, socure

Socure Identity Verification Bot Establishes New Levels of Trust and Certainty for Online Financial Transactions

Posted by Socure on Jul 19, 2018

Purpose-Built AI Platform Performs Deep Analysis of Consumers’ Online and Offline Footprints to Validate Authenticity of Digital Identities with 95% Accuracy

NEW YORK, July 19, 2018 --  Socure, a leading provider of predictive analytics for digital identity verification, today announced Aida (Authentic Identity Agent), the first and only purpose-built bot for establishing trust in online transactions. Named in honor of Ada Lovelace, the world’s first computer scientist, Aida uses artificial intelligence to process billions of multi-dimensional online and offline data points per second to validate the authenticity of digital identities in real-time.

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