Industry: Next Generation Fraud Protection
Stage: Growth-stage, Revenue generating
Location: New York City, NY
Socure defends enterprises against Identify Fraud using proprietary real-time online and social checks to verify that people are who they say they are. Socure Social Biometrics™ focuses on fraud prevention and identity verification at the time of registration as part of Know Your Customer (KYC) and fraud risk checks for major tier 1 financial institutions.
Socure combines a patent-pending artificial intelligence system, proprietary machine learning algorithms and social behavior pattern analysis to detect if an ID is authentic, a fraudster or a bot.
When integrated into registration and logins, Socure solutions reduce fraud rates, increase acceptance rates and lower compliance and review costs for enterprises around the world.
Peoples' online behavior is something that is a part of who they are; reflecting a hard-to-replicate biometric signature. Social Biometrics™ focuses on the strength of our social behaviors across networks to assert a user's identity authenticity online.