225 of Kasasa’s financial institutions customers choose Socure’s industry-leading identity and fraud verification platform

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AUSTIN, Texas and NEW YORK – (COMMERCIAL THREAD) –Kasasa®, an award-winning financial technology and marketing provider, and Safe, the leading provider of digital identity verification and fraud solutions, today announced that 225 of INMO® Clients, made up entirely of community-based financial institutions that leverage Kasasa’s digital account opening platform, have switched to Socure’s industry-leading identity and fraud verification platform.

This change enables Kasasa to provide hundreds of community banks and credit unions with the best identity verification technology, empowering them with the tools they need to confidently open accounts digitally.

“We recognize that most financial institutions struggle with automatic acceptance rates for hard-to-identify populations, such as Gen Z, Gen Y, Invisible Credit, Thin Files, and New Populations. newcomers in the country who constitute the majority of the candidates. with our clients from community banks and credit unions, ”said Gabe Krajicek, CEO of Kasasa. “Partnering with a vendor like Socure helps us advance our mission of providing community-based financial institutions with the technology they need to compete with mega-banks. ”

“Socure’s identity verification solution offers automatic acceptance rates of 98% for mainstream populations, up to 94% for hard-to-identify populations, and our fraud capture rates are the highest in the world. sector ”, declared Johnny ayers, founder and CEO of Socure. “By working with Kasasa, we are proud to provide more than 200 community banks and credit unions with the same state-of-the-art platform that four of the five largest banks use today. Our platform helps ensure financial inclusion, a frictionless user experience and improved fraud reduction. ”

Kasasa, committed to providing community banks and credit unions with the best digital products and experiences for account holders, partners exclusively with community financial institutions across the country to help keep money local. The company serves 900 community-based financial institutions nationwide, representing 3 million consumer bank accounts at nearly 4,000 branches in all 50 states.

About Kasasa

Based in Austin, Texas, Kasasa® is a financial technology and marketing provider committed to driving results for more than 900 community financial institutions by attracting, engaging and retaining consumers. Kasasa achieves this by providing innovative banking solutions that increase lending volume and non-interest income to help generate immediate sources of income in a low interest rate environment. Its branded retail products, world-class marketing and expert advice help community banks and credit unions regain market share. For more information, please visit https://www.kasasa.com, or visit them on Twitter Where LinkedIn.

About Socure

Safe is the leading platform for digital identity verification and trust. Its predictive analytics platform applies artificial intelligence and machine learning techniques with reliable online / offline data intelligence from email, phone, address, IP address, device, speed and broad Internet to verify identities in real time. The company has more than 750 clients in the financial services, gaming, healthcare, telecommunications and e-commerce industries, including four of the top five banks, seven of the top 10 card issuers, three of the largest ESMs, the # 1 payroll service provider. , the best credit bureau, the best crypto exchanges, the best Buy Now, Pay Later providers, the biggest online gaming operators and over 100 of the biggest fintechs. Marquee’s clients include Chime, Varo Money, Public, Stash, and DraftKings. Investors include Accel, Commerce Ventures, Scale Venture Partners, Flint Capital, Capital One Ventures, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson, Two Sigma Ventures and others.

Socure has received numerous industry awards and accolades, including his nomination to the 2021 Forbes Cloud 100 List, Forbes’ Fintech 50 2021 List, and Forbes’ America’s Top Startup Employers 2021, being appointed to CB Insights: the Fintech 250 for the third consecutive year, awarded Best new technology introduced in the past 12 months: data and data services to 2020 US FinTech Awards (AFTA), being classified number 70 in Deloitte Fast 500 Technologyâ„¢, being listed as a Gartner Cool Vendor, being recognized by Forbes as one of Top 25 machine learning startups to watch, and rewarded Finovate Award for Best Use of AI / ML, to only cite a few.



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