Fintech
CNBC Names Socure One of the World’s Best Fintech Companies
INCLINE VILLAGE, Nev., July 11, 2024 /PRNewswire/ — Rescuethe leading provider of artificial intelligence for digital identity verification, sanctions screening and fraud prevention, today announced that it has been named one of the top 250 FinTech companies globally in a list published by CNBC, the renowned financial and business news outlet.
CNBC partnered with independent research firm Statista, one of the world’s leading business data platforms, to establish a transparent overview of the world’s top fintech companies. The selection process for this year’s list involved a rigorous analysis of more than 2,000 eligible companies across nine market segments. Evaluation criteria included key performance indicators such as revenue, number of users, and total funding raised. The selection process was rigorous, resulting in a final list that highlights the world’s leading companies and those with the greatest growth potential in sectors ranging from banking solutions to neobanking.
Socure’s patented Socure ID+ platform powers a high bar for seamless KYC/CIP compliance, fraud detection, ID verification, and bank account ownership validation through a purpose-built end-to-end solution suite via a single API. The platform assesses every element of identity, resulting in a 360-degree view of an individual that is built not only on a foundation of personally identifiable information, but uses AI to evaluate tens of thousands of data points, digital signals, and historical behavior to provide instant decisions about trust and risk. It is natively orchestrated by advanced AI and machine learning, to reduce friction and false positives while eliminating the need for disparate products. This results in robust, industry-leading accuracy to unlock identity trust for digital interactions and engagement during onboarding and throughout the customer journey for leading fintechs.
Socure’s 2,400+ customers include 17 of the top 20 banks, 13 of the top 15 credit card issuers, leading Buy Now, Pay Later (BNPL) providers, and over 500 fintech companies. The company’s solutions are trusted by customers including Chime, SoFi, Robinhood, Green Dot, and more.
As Socure continues to push the boundaries of what is possible in digital identity verification and fraud prevention, this recognition from CNBC is a testament to the company’s market leadership position and its opportunities for future growth and innovation in the fintech industry.
For more information about Socure and its award-winning ID+ platform, visitwww.socure.com.
About Socure
Socure is the leading provider of digital identity verification and fraud prevention solutions. Its predictive analytics platform applies artificial intelligence and machine learning techniques with trusted online and offline data to verify identities in real time. Socure is the only vertically integrated identity verification and fraud prevention platform with IAL-2 and FedRAMP Moderate certifications, offering advanced levels of assurance and the highest standards of security and compliance. The company has more than 2,400 customers in financial services, government, gaming, healthcare, telecommunications and e-commerce, including four of the top five banks, the leading credit reporting bureau and more than 400 fintechs. Organizations including Capital One, Citi, Chime, SoFi, Green Dot, Varo, Ingo, Robinhood, Gusto, Public, Poshmark, Stash, DraftKings, PrizePicks and the State of California trust Socure for accurate and inclusive identity verification and fraud prevention. Find out more about sure.com.
SOURCE Socure