Socure partners with SpecTrust to deliver identity verification and fraud solutions

Socure and SpecTrust will offer the recently launched SpecTrust ROAM to work in conjunction with the Socure ID+ digital identity verification and fraud solution. The Socure ID+ platform achieves accuracy and breadth of coverage of good and bad identiti… Continue reading Socure partners with SpecTrust to deliver identity verification and fraud solutions

Socure appoints Debra Geister as VP of product commercialization, compliance, and regulatory

Socure announced the continued growth of its executive leadership team with the addition of Debra Geister as vice president of product commercialization, compliance, and regulatory. Geister will work closely with regulators and customers to ensure that… Continue reading Socure appoints Debra Geister as VP of product commercialization, compliance, and regulatory

Socure provides identity verification for Microsoft Azure AD verifiable credentials

Socure announced the company will provide identity verification services for remote onboarding for individuals accessing decentralized IDs as part of the new Microsoft Azure Active Directory (Azure AD) verifiable credentials feature in public preview. … Continue reading Socure provides identity verification for Microsoft Azure AD verifiable credentials

Socure raises $100M to expand across the digital identity market and boost product innovation

Socure announced a $100 million Series D round of funding led by Accel, with participation from existing investors Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson, Two Sigma Ve… Continue reading Socure raises $100M to expand across the digital identity market and boost product innovation

Socure unveils DocV, a fully-automated omnichannel document verification service

Socure announced DocV, a fully-automated omnichannel document verification service that expedites onboarding, reduces fraud, and works to eliminate costly manual reviews. Combining the power and scale of machine learning to accurately verify the authen… Continue reading Socure unveils DocV, a fully-automated omnichannel document verification service

ForgeRock and Socure partner to secure the customer identity lifecycle

Socure and ForgeRock partner to enable companies to deliver a user experience for customers from initial onboarding through the lifecycle of their digital relationship with a brand. The combination of Socure’s AI-based risk scoring and ForgeRock’… Continue reading ForgeRock and Socure partner to secure the customer identity lifecycle

How financial institutions can change the economics of fraud

In 2017, the number of identity fraud victims in the United States has risen to nearly 17 million. As the US became the last of the G20 countries to adopt Chip and PIN/Signature cards, fraudsters – predictably and expectedly – moved towards… Continue reading How financial institutions can change the economics of fraud

Identity fraudsters are getting better and better at what they do

Socure, a provider of predictive analytics for digital identity verification, found that fraudsters have virtually eliminated reliable indicators for detecting fake identities online. Data gathered from Socure customer transactions by Aida, the company… Continue reading Identity fraudsters are getting better and better at what they do

Socure’s Aida establishes trust and certainty for online financial transactions

Socure announced Aida (Authentic Identity Agent), the bot for establishing trust in online transactions. Named in honor of Ada Lovelace, the world’s first computer scientist, Aida uses artificial intelligence to process billions of multi-dimensional on… Continue reading Socure’s Aida establishes trust and certainty for online financial transactions