How they describe themselves: Socure is a NYC based company that has built a real-time, online identity verification solution to combat the growing global risk of identity and account takeover fraud. Socure works with many of the world’s largest payments remittance companies, financial institutions and e-commerce sites and has a re-seller partnership with one of the largest social sign-on providers in the world. Socure offers its customers a new identity verification solution called Social Biometrics™; a SaaS platform with APIs that are used to detect fraudulent users when new accounts are registered, users login, or when they perform transactions such as peer-to-peer payments.
How they describe their product/innovation: Socure’s Social Biometrics™ utilizes a patent pending artificial intelligence system and proprietary machine learning algorithms along with social behavior pattern analysis to detect if an online ID is authentic, a fraudster or a bot. Socure’s Social Biometrics™ solution showcases its ability to capture non-authentic (fake) online identities as a way to guard against identity theft and account takeover fraud. Our demonstration also shows the ability to de-risk each side of a peer-to-peer payment.
Product Distribution Strategy: Socure is partnering with industry leading MSPs, social sign-on providers, and traditional identity databases to leverage their existing distribution channels. Socure is also selling into businesses directly with an internal sales team.
Bus. Dev., Press, & Sales: Johnny Ayers, Director of Bus. Dev., email@example.com,