Socure

Socure is the leader in high-assurance digital identity verification. The company’s predictive analytics platform applies artificial intelligence and machine learning to trusted online/offline sources including email, phone, address, IP address, social media and traditional GLBA/DPPA data to verify identities in real-time. The Socure ID+ platform reduces fraud by up to 90 percent, lowers manual review/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.

Source: socure.com

Navigating The Challenges Of Cryptocurrency Payment Acceptance
Navigating The Challenges Of Cryptocurrency Payment Acceptance
January 28, 2022  |  Cryptocurrency

Cryptocurrency has been around for nearly 15 years but is an entirely different beast today than its humble beginnings in 2008. Bitcoin may be the...

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PYMNTS Intelligence: Exploring Buy Now, Pay Later’s Popularity and Digital Fraud Prevention Tactics
PYMNTS Intelligence: Exploring Buy Now, Pay Later’s Popularity and Digital Fraud Prevention Tactics
January 13, 2022  |  BNPL

The growth of digital payments over the past several years has inspired many new alternative payment methods, but few are growing as fast as buy...

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How Klarna Authenticates Users to Provide a Secure and Convenient BNPL Experience
How Klarna Authenticates Users to Provide a Secure and Convenient BNPL Experience
January 12, 2022  |  Buy Now Pay Later

Fraudsters are circling the buy now, pay later (BNPL) arena in search of ways to scam consumers and merchants. In this month’s Alternative Payments Tracker,...

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How Klarna Uses 100 Different Data Points to Keep BNPL Fraudster-Free
How Klarna Uses 100 Different Data Points to Keep BNPL Fraudster-Free
January 11, 2022  |  Buy Now Pay Later

Alternative payment methods are becoming more popular as time goes on, especially among younger consumers who are less likely to leverage cash, payment cards or...

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Socure Raises $450M at $4.5B Valuation in Oversubscribed Series E
Socure Raises $450M at $4.5B Valuation in Oversubscribed Series E
November 11, 2021  |  Investments

Digital identity verification and fraud platform Socure raised $450 million in an oversubscribed Series E funding round that puts its valuation at $4.5 billion, the...

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Digital ID Firm Socure Raises $100 Million To Advance Fraud Detection
Digital ID Firm Socure Raises $100 Million To Advance Fraud Detection
March 16, 2021  |  Investments

Digital identity startup Socure closed a $100 million Series D funding round led by Accel with backing from existing investors Commerce Ventures, Scale Venture Partners, Flint...

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Socure Closes On $35M In New Round Of Funding
Socure Closes On $35M In New Round Of Funding
August 25, 2020  |  Investments

Socure, the identity verification and fraud prevention software provider, announced on Tuesday (Aug. 25) that it has raised $35 million in funding. The round was...

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At 73 Pct, FIs Top Authentication Satisfaction — Here’s Why
At 73 Pct, FIs Top Authentication Satisfaction — Here’s Why
March 05, 2019  |  Authentication

Whether going online to view their bank balance, book a doctor’s appointment or buy a pair of shoes, consumers must first confirm their identities. Online...

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Enterprise Security Returns To Top Of B2B Investment Mountain
Enterprise Security Returns To Top Of B2B Investment Mountain
March 01, 2019  |  B2B Payments

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246...

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