Alloy, Identity verification, Fraud, Identity Proofing, Fintech

Alloy and Socure Partner to Automate Digital Identity Verification and Onboarding for Financial Institutions

Joint Solution has Enabled Radius Bank to Reduce Fraud by 50%, Manual Reviews by 95% and Increase New Account Conversion by 30%
Posted by Socure on Oct 17, 2018

NEW YORK--()--Socure and Alloy today officially announced a partnership that enables financial institutions to make real-time digital identity verification decisions with unprecedented speed and accuracy for onboarding new customers. Using the combination of Socure's AI-based identity risk scoring and Alloy’s workflow management has helped Radius Bank, an innovative digital bank, cut fraud in half, virtually eliminate manual reviews, and achieve a major boost in its new account conversions.

Red Herring, Fintech

Socure Wins 2018 Red Herring Top 100 North America Award

Company Named one of the Most Exciting and Innovative Private Technology Companies for AI-Based Digital Identity Verification Platform
Posted by Socure on Jul 11, 2018

NEW YORK, July 11, 2018 -- Socure, a leading provider of predictive analytics for digital identity verification, today announced it is a Red Herring Top 100 North America Winner for 2018. The prestigious annual list recognizes the continent’s most exciting and innovative private technology companies.

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