Socure Wins 2018 Red Herring Top 100 North America Award

Socure, a leading provider of
predictive analytics for digital identity verification, today announced
it is a Red
Herring Top 100 North America Winner for 2018. The prestigious
annual list recognizes the continent’s most exciting and innovative
private technology companies.

Winners were selected from a wide range of industries including fintech,
marketing, security, IoT and more by a panel of industry experts,
insiders, and journalists based on financial performance, innovation,
business strategy and market penetration. Socure has been invited to
showcase its business at the Red Herring Top 100 Global event in October.

“North America has led the way in tech for so many years, and to see
such unique, pioneering entrepreneurs and companies this year has been a
thrilling experience. The competition was incredibly strong,” said Red
Herring chairman Alex Vieux. “We believe Socure embodies the drive,
skill, and passion on which tech thrives. The company should be proud of
its achievement.”

Red Herring’s editors have been evaluating the world’s startups and tech
companies for over two decades. It gives them the ability to see through
the industry’s hype, and pick firms that will continue on a trajectory
to success. Brands such as Alibaba, Google, Kakao, Skype, Spotify,
Twitter and YouTube have all been singled out in Red Herring’s storied
history.

“We are grateful for being named a Red Herring 100 Company, joining so
many technology giants who have previously won this award,” said Tom
Thimot, CEO of Socure. “Our identity verification software sources live
digital data and correlates thousands of online and offline data points
to create a true, holistic model of authentic customer identity in
seconds. Socure provides game changing technology for enterprises that
want to onboard new customers with zero friction while virtually
eliminating fraud.”

Socure ID+ Platform

The patented Socure ID+ predictive analytics platform verifies whether
digital identities are authentic, synthetic, or stolen. The company’s
deep learning technology establishes an unprecedented level of trust and
certainty for online transactions. The ID+ platform applies advanced
data science techniques to hundreds of sources of consented online,
social, mobile, and offline data to validate the authenticity of digital
identities in real-time.

Resources

ID+: https://www.socure.com/id-plusUse
Cases: https://www.socure.com/use-casesDigital
ID Verification: https://www.socure.com/resourcesSocure
Privacy Policy: https://www.socure.com/privacy

About 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 authenticate
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) for over 90% of the US adult population. For more
information visit www.socure.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180711005056/en/

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