Latest news with #KnowYourBusiness
Business Wire
5 days ago
- Business
- Business Wire
Socure Recognized in the Inc. 5000 List for the Fourth Year in a Row
INCLINE VILLAGE, Nev.--(BUSINESS WIRE)-- Socure, the leading provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, today announced it has been named to the Inc. 5000 list for America's Fastest Growing Private Companies for the fourth consecutive year. "Our inclusion on the Inc. 5000 list for the fourth consecutive year is a testament to our unwavering commitment to solving the digital identity crisis that affects every industry today," said Aaron Barfoot, Chief Financial Officer of Socure. "This recognition reflects not just our financial success, but the trust that over 3,000 customers place in us to verify 100% of good identities while stopping fraud in real time. As digital identity verification moves from a compliance requirement to a competitive advantage, our AI-driven solutions continue to set the standard for accuracy, speed, and inclusivity in identity verification. We're proud to be recognized alongside America's fastest-growing companies as we continue transforming how businesses build trust in the digital economy." Inc., the leading media brand and playbook for the entrepreneurs and business leaders shaping our future, publishes its list as a data-driven snapshot of the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. Past honorees include companies such as Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, and Patagonia. 'Making the Inc. 5000 is always a remarkable achievement, but earning a spot this year speaks volumes about a company's tenacity and clarity of vision,' says Mike Hofman, editor-in-chief of Inc. 'These businesses have thrived amid rising costs, shifting global dynamics, and constant change. They didn't just weather the storm—they grew through it, and their stories are a powerful reminder that the entrepreneurial spirit is the engine of the U.S. economy.' Socure's platforms include RiskOS, an AI-powered decisioning platform for any identity, fraud, risk, or compliance challenge. The no-code, drag-and-drop interface allows companies to seamlessly integrate identity verification and proofing, Know Your Business (KYB), Know Your Customer (KYC), document verification, fraud risk prediction and bank account ownership validation. Socure allows companies to assess every element of identity with privacy and compliance in mind, and leverages AI to build a 360-degree view of an individual built not only on a foundation of personally identifiable information, but millions of data points, digital signals, and historic behavior to provide instant trust and risk decisions. For the full list, company profiles, and a searchable database by industry and location, visit: Methodology Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. To qualify, companies must have been founded and generating revenue by March 31, 2021. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2024. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2024 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. About Socure Socure is the leading platform for digital identity verification, compliance and fraud prevention solutions, trusted by the largest enterprises and government agencies to build trust and mitigate risk. Leveraging AI and machine learning, Socure's industry-leading platform achieves the highest accuracy, automation, and capture rates in the industry. With last year's acquisition of Effectiv, Socure launched its RiskOS™ platform to offer end-to-end decisioning and orchestration for identity fraud and payment risk management, integrating advanced transaction monitoring, credit underwriting and know-your-business (KYB) solutions into its platform. Serving more than 3,000 customers and 190+ countries across financial services, government, gaming, healthcare, telecom, and e-commerce, Socure's customer base includes 18 of the top 20 banks, the largest HR payroll providers, the largest sportsbook operators, 58 organizations across the public sector, and more than 600 fintechs. Leading organizations including Capital One, Uber, Angi, Citi, Chime, SoFi, Green Dot, Robinhood, Dave, Gusto, Poshmark, DraftKings, PrizePicks, the State of California and many more trust Socure to deliver certainty in identity across onboarding, authentication, payments, account changes, and regulatory compliance. Learn more at About Inc. Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit
Cision Canada
01-08-2025
- Business
- Cision Canada
WSPN Launches Global Payment 1.0: Comprehensive API Solution for Institutional Crypto-to-Fiat Infrastructure
TORTOLA, British Virgin Islands, Aug. 1, 2025 /CNW/ -- Worldwide Stablecoin Payment Network (WSPN) today announced the launch of Global Payment 1.0, a comprehensive API-driven payment infrastructure designed specifically for institutional clients. This innovative solution provides seamless connectivity between major stablecoins and fiat currencies, enabling businesses to integrate complete crypto payment capabilities into their existing systems. Global Payment 1.0 offers institutional clients a unified platform for USDT/USDC/WUSD to fiat conversions, providing both on-ramp and off-ramp services through a single, robust API interface. The solution eliminates the complexity traditionally associated with crypto-fiat transitions, offering businesses a streamlined pathway to digital asset integration. Complete End-to-End Integration The platform covers the entire operational workflow through API connectivity, from initial client onboarding to transaction execution. Institutional clients can seamlessly manage registration processes, Know Your Business (KYB) procedures, compliance verification, on-ramp services, off-ramp functionality, and token swapping—all through standardized API calls. "Global Payment 1.0 represents a significant leap forward in institutional crypto infrastructure," said Raymond Yuan, Founder and CEO of WSPN. "By providing comprehensive API access to our payment ecosystem, we're enabling businesses to offer their customers seamless crypto-to-fiat services without the technical complexity of building these capabilities in-house." Key Features The solution is designed with simplicity and efficiency at its core, ensuring smooth user experiences while maintaining the robust security and compliance standards required by institutional clients. The API architecture allows for rapid deployment and easy maintenance, reducing time-to-market for businesses seeking to integrate crypto payment capabilities. Global Payment 1.0 reinforces WSPN's commitment to building scalable financial infrastructure that bridges traditional finance and digital assets. By providing institutional-grade tools and seamless integration capabilities, WSPN is positioning itself as a key enabler of mainstream crypto adoption. WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN's Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.
Mid East Info
08-07-2025
- Business
- Mid East Info
First Home-Grown UAE's 'Trusted Business Platform' – Solus City - Middle East Business News and Information
Dubai platform aims to boost trust in business services. Dubai, United Arab Emirates, July 07, 2025 – Solus City has officially launched the UAE's first home-grown 'trusted partners' online platform, aimed at transforming the country's digital business ecosystem and setting a new gold standard for a secure, accountable, and fraud-free business environment. Despite the Dubai Government's efforts to foster a safe, transparent, and easy business environment, the vibrant Dubai market can still present unexpected challenges. It leads to wasted time and resources or even cause financial losses and trust issues when searching for reliable partnerships. UAE-based business publishers have been compelled to navigate an ecosystem that offers many opportunities but often lacks transparency. The Solus City portal redefines the foundations of digital search as it purpose-built to serve the UAE's rapidly growing market. At its core, the platform serves as an online business hub that connects end-users with vetted business service providers. It features a business listing where all companies are thoroughly verified and trusted. Solus City connects users with experts in various fields, including consulting, legal, finance, IT, concierge services, real estate, and many others. Users can access UAE-based service providers through a platform that prioritizes transparency and accountability. By connecting customers directly with verified local providers, Solus City ensures that services are offered by reputable companies and professionals, eliminating intermediaries and significantly reducing the risk of fraud and delays. The company believes that trustworthiness is essential for shaping the Dubai market and enhancing the UAE's business profile. All listed companies undergo multiple verification steps by the Solus City team. The strict Know Your Business (KYB) onboarding process ensures that every company is legitimate, every transaction is trackable, and every participant in the ecosystem is verified. This guarantees that clients' budgets are spent wisely and efficiently while enabling providers to maximize their revenue in a secure and transparent environment. For business partners, Solus City offers ready-made solutions, allowing companies to focus on their success through a comprehensive listing system. The platform saves time by facilitating quick service discovery with advanced filtering options. Direct communication simplifies the process of connecting with service providers. Digital storefronts enable businesses to showcase their expertise and gain visibility. Each business profile includes detailed information such as trade licenses and client reviews. Built-in lead generation forms convert inquiries directly into leads for service providers. The platform consists of a public marketplace, a company dashboard, and an admin panel to ensure quality control. Users benefit from intuitive search filters and streamlined communication channels, eliminating guesswork when seeking reliable services. Dynamic businesses, including Vanguard Legal and Strategy Group, Gulf Bridge Management Consultancies, First Visa Services, Metropolitan Consulting LLC, LivHoli Wellness Interior Design, Egzakta Middle East, and many others, have joined the platform. Solus City invites companies to join the platform, where service providers receive leads without the burden of costly advertising. Promotional opportunities on the Solus City platform extend beyond listings, as the company actively participates in Dubai's events and collaborates with sports and educational organizations. As Solus City General Manager Milenko Bujandric states, – 'In today's world, the right connections can transform your business. Solus City brings you one step closer to finding your perfect partner. Join today and start building meaningful, trusted relationships.'
Techday NZ
13-06-2025
- Business
- Techday NZ
AU10TIX unveils AnyDoc AI tool to combat document fraud risk
AU10TIX has launched AnyDoc Authentication, extending its fraud detection and authentication services to cover a broader range of non-identity documents frequently used in various business operations. The new capability targets documents such as utility bills, bank statements, and tax filings, which have become common vectors for fraudsters who seek to bypass conventional identity checks. AnyDoc Authentication leverages artificial intelligence, forensic forgery detection, and metadata analysis to expose forged, tampered, or synthetic documents. According to AU10TIX, the system performs more than 150 AI-driven forgery tests and processes documents in 5–20 seconds, achieving up to 99.99% accuracy and reducing manual reviews by 90%. Detection features AnyDoc Authentication is designed to flag manipulated text, font inconsistencies, synthetically generated content, and anomalies in document structure. It also validates metadata by cross-checking elements such as timestamps, issuing bodies, and creation trails to ensure document integrity. The product supports the verification of both PDFs and image files without compromising accuracy. Document classification is performed within three seconds, enabling businesses to achieve near-instant authentication and decision-making capabilities. AU10TIX Chief Executive Officer Yair Tal said, "Effective fraud prevention demands more than identity verification; it is built on ensuring the authenticity of every supporting document. With AnyDoc Authentication, we are redefining the standard for non-ID document authentication, enabling organizations to detect fraud at its source, before it infiltrates their systems. This is more than just a security feature; it's a critical layer of defense that fosters trust, mitigates risk, and closes the gaps fraudsters aim to exploit." The system has been customised for use in regulatory compliance frameworks including Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML). It cross-references data extracted from the documents with trusted third-party sources. This process is designed to minimise the occurrence of false positives, facilitate compliance workflows, and mitigate the risk of synthetic and deepfake document attacks. Industry support AnyDoc Authentication is designed for sectors where both the volume and risk of document fraud are high. In education, it enables the validation of enrolment documents, scholarships, and institutional partnership records. The finance and banking sector can use the tool to identify fraudulent loan applications, tampered financial statements, and unauthorised tax filings. For corporate compliance teams, AnyDoc Authentication facilitates the authentication of supplier contracts, business registrations, and tax records required for Know Your Business (KYB) processes. In travel and hospitality, it can be used to verify address proofs, a variety of travel documents, and materials used for guest onboarding. The product is also available to organisations in the crypto and payments sectors for the detection of fraudulent merchant registrations and the authentication of cross-border KYC submissions. Healthcare providers may use it to confirm the authenticity of insurance documents, prescriptions, and provider credentials. Operational context AU10TIX stated that AnyDoc Authentication aims to provide real-time fraud detection and support organisations in implementing compliance frameworks. By automating the analysis and validation of non-ID documents, the company believes the solution can enable businesses to scale their onboarding and due diligence operations more efficiently while maintaining regulatory standards.
Associated Press
15-05-2025
- Business
- Associated Press
AU10TIX Launches Continuous AML Risk Monitoring Powered by Premium Data Sources
Enables Businesses to Proactively Detect Emerging Risks and Counter Evolving Financial Crime NEW YORK, May 15, 2025 /PRNewswire/ -- AU10TIX, a global leader in identity verification and fraud prevention, today announced the launch of continuous risk monitoring as part of its advanced anti-money laundering (AML) solution. Driven by customer demand, this powerful capability delivers real-time risk insights across the full customer lifecycle—empowering businesses to detect behavioral anomalies and emerging threats as they arise. While traditional AML solutions screen individuals and businesses only during onboarding or periodic reviews, AU10TIX's continuous monitoring capability proactively scans top data sources including global sanctions lists, politically exposed person (PEP) databases, and adverse media in real time to detect anomalies as they emerge. The system dynamically adjusts screening intensity based on customer risk profiles and business requirements—supporting Know Your Customer (KYC) and Know Your Business (KYB) processes while ensuring adherence to evolving global regulations. The new capability provides: 'Mitigating risk requires more than just monitoring—it demands real-time intelligence powered by the best data available,' said Yair Tal, CEO of AU10TIX. 'By continuously screening against premium data sources, AU10TIX enables businesses to detect emerging threats early and act before they escalate.' AU10TIX's AML solution features a proprietary decision-making mechanism, customizable workflows, and a user-friendly dashboard to streamline risk management and due diligence processes. Leveraging real-time, high-quality data from more than 100 global sanctions lists, 1,600 government sites, and 30,000 news sources, AU10TIX ensures unmatched accuracy and speed while minimizing false positives. Its all-in-one API allows seamless integration of KYC, KYB, and AML checks, helping businesses save time, reduce costs, and enhance compliance efficiency. About AU10TIX Founded in 2002, AU10TIX is a global leader in identity verification and management, dedicated to building and securing trust between people, organizations, and digital systems. The company's advanced, AI-powered solutions safeguard the world's largest brands against sophisticated fraud. AU10TIX's future-proof product portfolio enables seamless customer onboarding and verification in as little as 4-8 seconds -- while proactively adapting to emerging threats and regulatory demands. AU10TIX offers the industry's only 100% automated global identity management system and can detect organized mass fraud attacks by analyzing traffic patterns and cross-referencing data across a consortium of over 60 leading companies. With deep roots in airport security, AU10TIX has authenticated billions of identities and prevented over $24 billion in identity fraud. AU10TIX is a subsidiary of ICTS International N.V. (OTCQB: ICTSF). Connect with AU10TIX on LinkedIn and on X at @AU10TIXLimited. For more information, visit Media Contact: Mark Prindle Fusion PR [email protected] View original content to download multimedia: SOURCE AU10TIX LIMITED
