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Socure

Website: socure.com

Socure is the leading platform for digital identity verification and trust. Its predictive analytics platform applies artificial intelligence and machine learning techniques with trusted online/offline data intelligence from email, phone, address, IP, device, velocity, and the broader internet to verify identities in real time. The company has more than 500 customers across the financial services, gaming, healthcare, telecom, and e-commerce industries, including four of the top five banks, seven of the top 10 card issuers, three of the top MSBs, the top payroll provider, the top credit bureau, the top online gaming operator, the top Buy Now, Pay Later provider, and over 100 of the largest fintechs.

Socure Biometrics News

 

Socure fields 2.7 billion identity verification requests in 2024

Socure comes out of 2024 on a wave of “unparalleled growth and performance,” having verified more than 2.7 billion identity…

Jan 22, 2025

Socure: 40M Americans committed first-party fraud over the holiday season

A digital identity verification company claims one in eight Americans committed first-party fraud over the 2024 holiday shopping season. This…

Jan 17, 2025

New BigBear CEO, executives at Socure, Alcatraz, Pindrop, and Vouched

BigBear.ai has appointed Kevin McAleenan as Chief Executive Officer and member of the Board of Directors effective January 15, 2025. McAleenan…

Jan 14, 2025

Socure: Nation-state fraud ramping up in 2025

Socure, a leading digital identity verification platform, believes 2025 will be the breakout year for digital identity verification in the…

Dec 19, 2024

Socure calculates major savings from reduced false positives in AML screening

The costs associated with anti-money laundering (AML) regulations start with integrating and deploying systems that carry out identity verification and…

Dec 9, 2024

Socure consortium hits milestones in tackling First-Party Fraud problem

Heeding the call for more collaboration and joint defense across industries facing a massive increase in identity fraud, Socure has…

Nov 19, 2024

Oscilar unveils Cognitive Identity Intelligence Platform

Neha Narkhede founded the NASDAQ-listed Confluent, a $10 billion real-time data streaming platform. Sachin Kulkarni developed distributed systems that powered…

Nov 15, 2024

Socure calls for US digital identity taskforce, critical infrastructure status

The United States needs a unified vision for how to move forward on digital identity, and leadership to implement that…

Nov 15, 2024

North American banks struggle with deepfakes, social engineering

Financial institutions in North America face a spike in fraud schemes, with social engineering scams increasing tenfold in the past…

Nov 6, 2024

ATO prevention remains top focus for key biometrics firms

Account takeover (ATO) fraud continues to be a concern, and as a result, digital identity industry leaders are introducing new…

Oct 27, 2024

Mitek, ROC, SITA and Socure focus on growth with latest appointments

Biometrics industry heavyweights Mitek, ROC, SITA and Socure have announced advisory and executive additions to strengthen market position and help…

Oct 25, 2024

Gartner releases inaugural Magic Quadrant for Identity Verification

Consulting firm Gartner has released a new market research report for the identity verification and authentication industry, placing companies such…

Oct 24, 2024

Socure acquires Effectiv for $136M, expanding fraud prevention capabilities

In a deal struck for $136 million, Socure has announced the acquisition of Effectiv, a company specializing in AI-driven fraud…

Sep 12, 2024

Socure takes IDV solutions global, available in over 190 countries

Socure has announced the expansion of its identity verification offerings, which provides coverage for all International Civil Aviation Organization (ICAO)-compliant…

Sep 11, 2024

​​Standards, transparency and inclusivity key drivers of digital ID interoperability

At Identity Week 2024, an emergent theme is working together – specifically, digital identity schemes working together. On day one…

Sep 4, 2024

Incode, Socure, Integrated Biometrics, SITA and Entrust boost leadership

In a series of tech and security leadership appointments, seven individuals have assumed executive or board roles at five different…

Aug 22, 2024

Public sector biometrics executive moves announced by Socure and FaceTec

Biometrics and identity management organizations have announced leadership changes that involve some prominent names in the industry. Socure has promoted…

Aug 9, 2024

Socure launches selfie biometric reverification to DocV product

Identity verification company Socure is adding selfie biometric reverification to its Document Verification (DocV) product to validate return online consumers….

Aug 5, 2024

Socure explains identity verification compliance to 2 state lawmakers

A pair of lawmakers in different states are objecting to state digital identity verification contracts held by Socure. At issue…

Jul 18, 2024

Florida motor vehicle agency upgrades to Socure IDV

The Florida Department of Highway Safety and Motor Vehicles (FLHSMV) is using Socure’s biometric ID+ platform to accurately verify users…

Socure Industry Insights

 

How governments benefit From better Gen Z identity verification

By Jordan Burris, vice president of public sector strategy for Socure When the government has millions of Gen Z people…

Socure White Papers

 

3 warning signs that your ID verification process is hurting your bottom line

Is your identity verification process obstructing your customer acquisition goals or enabling fraud? A recent study showed that 63% of…

Jul 18, 2024Responsible biometrics: A guide to ethical and secure identity verification
Jul 18, 2024Unmasking document and biometric identity fraud: Exposing the deceptions
Jan 27, 2022ID document verification impact report

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