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Solutions
Solutions
Socure's versatile identity verification solutions tackle a wide spectrum of challenges, from onboarding and beyond.RiskOSExplore RiskOSSocure’s AI-powered decisioning platform for any identity, fraud, risk, or compliance challenge.
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ProductsFraud & RiskComplianceID + BiometricAccount Intelligence
Products
Explore the future of identity verification and trust with our comprehensive suite of AI-powered products.Fraud & RiskComplianceID + BiometricAccount IntelligenceSigma Identity Fraudfor the most accurate third-party fraud detection leveraging a 360° view of digital identitySigma Synthetic Fraudfor uncovering complex manipulated and fabricated synthetic identity fraudSigma First-Party Fraudfor minimizing early payment default, bad faith dispute abuse, and chargeback lossesEmail RiskScoreto instantly predict risk and verify email ownershipPhone RiskScoreto instantly predict risk and verify phone ownershipAddress RiskScoreto instantly predict the risk connected with physical addressesDigital Intelligencefor passively verifying user devices behavioral biometrics to detect fraud and improve UXGraph Intelligenceto quickly transform complex identity connections into actionable insightsPortfolio Scrubreveal compliance and fraud risks in your existing customer accountsSocure Verifyfor precise, accurate, and inclusive identity verificationGlobal Watchlist Screening with Monitoringfor sanctions screening, PEP, and adverse media risk managementDeceased Checkfor validating deceased identities at any point in the user lifecycleeCBSVfor instantly verifying a consumer-provided name-DOB-SSN match with the SSAControl Centerfully automated fintech controls management platform for sponsor banksPredictive DocVfor quick and accurate ID document and biometric verification with liveness detectionSocure Account IntelligenceVerify bank account ownership and status with inclusive, instant resultsGet customized strategies from our experts to drive your success. Start now.Get a Demo -
Public SectorSocure empowers governments to combat identity fraud while ensuring equitable access to public services. Our AI-driven platform delivers unparalleled accuracy in identity verification, helping agencies stop fraudsters without compromising access for underserved populations.
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ResourcesDive into Socure's resource center to access expert insights on identity verification and fraud prevention through eBooks, reports, articles, infographics, and our blog. Stay ahead with innovative strategies from industry leaders.
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Company
Company
Learn more about the award-winning people and technologies that power Socure.
September 07, 2021
Socure Featured on AIFinTech100 List of the World’s Most Innovative AI Solution Providers
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INCLINE VILLAGE, NV—September 7, 2021— Socure, the leading provider of digital identity verification and fraud solutions, today announced that FinTech Global has named the company as one of the world’s most innovative AI solution providers on its inaugural AIFinTech100 list for 2021. The list identifies the top 100 companies developing AI applications in financial services that every financial institution needs to know about as they develop their digital transformation strategies.
“The ability to facilitate frictionless onboarding of customers using AI is more important than ever, given the rapid digital acceleration and scale spurred by the pandemic,” said founder and CEO of Socure, Johnny Ayers. “Socure’s identity verification and fraud solution delivers an auto-approval rate of up to 98% for mainstream populations, and up to 94% for the hard-to-identify populations such as Gen Z, millennial, credit invisible, thin-file, gender neutral, and new-to-country. Our identity resolution ML engine analyzes over eight billion records and more than 530 million good and bad identities to achieve the industry’s most accurate and equitable view of identity possible.”
The standout companies were chosen by a panel of industry experts and analysts who reviewed a study of over 1,000 fintech companies undertaken by FinTech Global. The solution providers making the final list were recognized for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the financial services value chain.
FinTech global director Richard Sachar said, “Now, more than ever, established financial institutions need to be aware of the latest AI and data analytics technology innovations in the market to ensure they deliver competitive financial products and reach new customers.”
“The AIFinTech100 list helps senior management filter through all the solution providers in the market by highlighting the most innovative artificial intelligence companies in areas such as Insurance, Banking, Investment & Trading, Lending, Customer Experience, Compliance and Fraud Prevention,” he added.
Socure recently announced record financial results – achieving 126% annual recurring revenue growth, booking growth of 285% in the second quarter of 2021 as compared to the same quarter of 2020, and a net retention rate of 177% driven by near-zero attrition. In 2020, Socure was also named to FinTech Global’s RegTech 100 List, which recognizes the world’s top 100 most innovative RegTech companies shaping the future of the compliance, risk management, and cybersecurity industries.
The full AIFinTech100 2021 list is published online at www.AIFinTech100.com.
About Fintech Global
FinTech Global offers the most comprehensive data, the most valuable insights and the most powerful analytical tools available for the global FinTech industry. Fintech Global works with market leaders in the FinTech industry – investors, advisors, innovative companies and financial institutions – and enables them to get the essential intelligence they need to make superior business decisions.
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