The firm also called digital commerce a “market mandate,” with a need for companies to adopt and adapt to bringing on board new customers through this avenue or “risk limiting revenue growth.” Against this backdrop, security and fraud prevention are issues at the forefront in financial services, said Socure, which maintained that it has continued to leverage its machine learning and artificial intelligence offerings, as traditional digital identification techniques are no longer as useful as they once were in combating fraud. In addition, Socure said it will announce its latest platform, along with a new as-yet unnamed partnership at the conference FinovateFall early next month.

http://www.pymnts.com/news/investment-tracker/2017/digital-identity-co-socures-13-9m-funding-round/