How they describe themselves: Socure is an emerging industry leader focused on real-time online identity verification solutions. Its Social Biometrics™ Platform protects against identity fraud and increases acceptance rates where traditional offline identity verification solutions fall short, specifically in the US amongst millennial, thin-file, and the unbanked/underbanked customers, and internationally where traditional credit systems do not exist. By uniquely combining social behavior data across all of the major social networks with open internet and offline GLBA and DLPA data, Socure is able to verify whether a customer is real, fake, or poses a fraud risk, materially reducing fraud, increasing acceptance rates, and reducing KYC/AML costs for financial institutions around the world.
How they describe their product/innovation: Socure is announcing Perceive at FinovateFall 2015! Perceive is a patented, remote facial biometrics solution designed to address account takeover fraud and transaction security. The device-agnostic Perceive SDK can be added to any mobile or web application to accurately authenticate a consumer using their face, without the hindrance of prior training required by conventional recognition biometrics.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Bus. Dev.: Johnny Ayers, SVP Bus. Dev., firstname.lastname@example.org, +1 703-963-5226
Press: Michael Hiskey, VP Marketing, email@example.com, +1 917-375-8196
Sales: Bob McGuinness, VP Sales, firstname.lastname@example.org, +1 908-403-0159