Named in honor of Ada Lovelace, the world’s first computer scientist, Aida uses artificial intelligence to process billions of multi-dimensional online and offline data points per second to validate the authenticity of digital identities in real-time.
By providing a multidimensional view of consumers based on applying self-training, predictive analytics models to hundreds of online and offline data sources, Aida enables financial services organizations to automatically approve more digital transactions than previously possible without performing manual reviews.
Aida learns customer identity from their digital footprints to calculate risk and correlation scores, which enable businesses to increase online transaction acceptance rates as well as reduce manual reviews and fraud. In the future it could provide consumers with a portable “Socure Verified” identity that can be used with participating financial institutions and ecommerce merchants.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.