Technology Company Socure

Description

Looking for reliable software development services? Get in touch with Socure! We’re eager to bring your ideas to life.

Socure is an identity proofing company. Socure’s Social Biometrics(TM) solution adds a novel social twist to realtime identity verification and fraud detection to defend enterprises against identity fraud. The rise of social media and efforts to monetize consumer data through marketing and advertising has resulted in the easy availability of our personal information such as mother’s maiden name, favorite pet’s name, place of birth etc. on the Internet today. It’s no surprise then that identity fraud is now growing faster than world trade in some countries. In the US alone, $48 Billion was lost by financial institutions to identity fraud last year. In fact most tier-1 financial institutions are losing an average of over $100 Million per year per institution despite the fraud detection technologies implemented over the last decade. There are impacts to society beyond financial loss as a result of identity fraud. The problem is global.

🏭 Industry: Security Software in New York - New York

🏛️ 330 7th Ave, Suite 201, New York, 10001, NY

🔗 https://www.socure.com
👔 http://www.linkedin.com/company/socure

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