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)

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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Socure Raises $30M For Healthcare, Public Sector Expansion
Socure Raises $30M For Healthcare, Public Sector Expansion
February 28, 2019  |  Investments

Socure, the provider of identity verification and fraud prevention services, announced Thursday (Feb. 28) it raised $30 million in Series C funding. In a press...

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Two-Thirds Of Patients Use Passwords For Healthcare Authentication: Why?
Two-Thirds Of Patients Use Passwords For Healthcare Authentication: Why?
December 18, 2018  |  Authentication

Authentication can take effort, but consumers don’t want to deal with complex logins — even when dealing with their most sensitive accounts, like those containing...

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Solving Digital ID Verification’s ‘Existential Crisis’
Solving Digital ID Verification’s ‘Existential Crisis’
October 24, 2018  |  Authentication

There's a tug of war when it comes to digital ID verification — a tug of war between the customer experience and reducing fraud. Socure Co-founder...

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