Dec 3, 2024, 3:55 PM
Dec 3, 2024, 3:55 PM

Socure makes waves as one of the fastest-growing tech companies in 2024

Highlights
  • Socure has been recognized by Deloitte as one of the fastest-growing companies in North America for five years in a row.
  • The company focuses on replacing outdated methods of digital identity verification with artificial intelligence.
  • This continued recognition reflects the company's successful strategies in fraud and risk management.
Story

In Incline Village, Nevada, on December 3, 2024, Socure, a provider of artificial intelligence for digital identity verification, announced its recognition by Deloitte as one of the fastest-growing companies on the Deloitte Technology Fast 500 for the fifth consecutive year. This accolade is significant given the Deloitte Technology Fast 500 has been ranking such companies for 30 years, focusing on technology, media, telecommunications, life sciences, fintech, and energy tech industries in North America. Deloitte's recognition highlights the transition from traditional methods of digital identity verification to artificial intelligence-driven solutions, which is a key focus of Socure’s business model. Johnny Ayers, the founder and CEO of Socure, emphasized the importance of this recognition as it reflects their ongoing success in enhancing the accuracy and efficiency of identity verification and fraud prevention. Moreover, in 2024, the fintech sector made a remarkable appearance in the rankings, surpassing life sciences for the first time, confirming the continuous growth of fintech innovation and the increasing demand for advanced technological solutions in identity verification. Earlier in 2024, Socure was also listed in the Inc. 5000 as one of America’s Fastest-Growing Private Companies for the third consecutive year, further establishing its influence in the tech industry. The recognition from Deloitte not only propels Socure’s reputation in the industry but also signifies the broader shift towards integrating artificial intelligence into fraud risk management. This changing landscape inspires other companies to pursue similar technological advancements and adapt to the growing complexities and demands of digital security and identity verification.

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