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Socure

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 plans to ‘eliminate synthetic identities’ from US finance

New York-based digital ID solution provider Socure has shared plans to first remove 100,000 synthetic identities from the U.S. financial…

Feb 8, 2023

AuthenticID, Bitwarden, Socure get closer in FIDO

The FIDO Alliance has gotten a bit broader and a little deeper. ID proofing provider AuthenticID has joined the passwordless-authentication…

Jan 31, 2023

Transparency can drive digital ID equity, policy forum panelists say

An event last week on ‘Identity, Authentication and the Road Ahead’ held by the Better Identity Coalition, the FIDO Alliance…

Jan 5, 2023

Socure slashes workforce

Socure has reduced its staff by 104 people, cutting nearly 19 percent from its peak workforce in response to softer…

Nov 1, 2022

Socure unveils real-time bank account validation, public sector digital ID reseller deal

Socure has entered the payment risk market with new software for real-time validation of financial accounts. Called Account Intelligence, the…

Oct 20, 2022

Synthetic identity fraud to hit $5B in two years. Credit agency practices enabling crime

Could U.S. synthetic fraud losses in 2024 equal the valuation of five unicorns? That is what one digital ID verifier…

Oct 19, 2022

Even with tepid growth, passwordless authentication gets deployed in unproductive ways

A pair of vendor surveys just out offer little in the way of hope for rapid adoption of identity authentication…

Sep 23, 2022

KYC fraud loss tool launched by Sumsub amid digital ID deals, award

Digital ID providers are continuing to extend their software toolkits for KYC checks, and their market reach. Shufti Pro has…

Sep 14, 2022

Thales hires hundreds in US, Precise Biometrics and Socure promote within

Several leading companies in the biometric space have expanded their teams over the course of last week, with Thales confirming…

Sep 8, 2022

Socure increases security, automation of KYC solution

Socure’s KYC solution has been upgraded with greater security and transparency such as the addition of full access to the…

Aug 23, 2022

Socure praises digital identity focus, overdue standards project in CHIPS and Science Act

The CHIPS and Science Act, signed into U.S. law last week, is a huge win for the global technology industry,…

Jul 27, 2022

Socure partners to launch new comprehensive KYB service to lower costs, fraud rates

An integration partnership between Socure and Middesk has been formed to deliver know your business checks streamlined by the former’s…

Jun 28, 2022

Socure SVP sees past the migraine of dealing trust to the US government

On October 12, 2021, the top story on the front page of The New York Times was about entrenched distrust…

Jun 24, 2022

Staffing investments continue apace at digital ID firms, but cuts also announced

Veridas has announced the launch of a U.S. subsidiary and the appointment of Michel Nerrant to continue expanding the international…

Jun 20, 2022

Government insiders say digital IDs could make massive fraud events rare

When looked at through the lens of identity fraud in the United States, the pandemic has showed how poorly government…

May 19, 2022

Socure more than doubles customer growth in Q1 2022, appoints new CFO

Socure reports record customer growth in the first quarter of 2022 for its face biometrics identity verification platform, as it hires…

May 13, 2022

Biometrics providers continue to bring leadership talent in (or back)

Jumio, Socure, Veriff, OCR Labs, and SITA have each taken on new talent, including three c-suite executives and two regional…

May 9, 2022

Socure partners with ServiceNow on selfie biometrics to power banks’ KYC

New York-based Socure has announced a new integration of its selfie biometrics and liveness detection within ServiceNow’s Financial Service Operations…

Apr 28, 2022

Selfie biometrics onboarding takeover continues with new customers, success stories

A number of companies in the identity space have announced new biometric partnerships this week, with TendedBar joining forces with…

Apr 28, 2022

Ex-bureaucrat says fraud can be cut and fed’s broken digital ID management fixed

A former U.S. government official writing about meaningfully minimizing fraud perpetrated at the federal and state levels has accomplished something…

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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