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Socure acquires Effectiv for USD 136 million

News | Digital Identity, Security & Online Fraud | 25 Oct 2024

AI and digital identity verification provider Socure has signed its agreement to acquire Effectiv, a real-time risk decisioning firm, for USD 136 million.

acquisition, fraud management, fraud detection, identity fraud, Account fraud

Socure reveals Selfie Reverification with Deepfake Detection

News | Digital Identity, Security & Online Fraud | 09 Aug 2024

Socure, a digital identity verification AI provider, has introduced Selfie Reverification, a solution for online customers to validate their identity.

ID verification, fraud detection, fraud management, digital identity, online fraud

Oscilar, Socure partner to boost ID verification for FIs

News | Digital Identity, Security & Online Fraud | 31 May 2024

US-based provider of AI-driven risk management solutions, Oscilar, and I provider for digital identity verification and fraud prevention, Socure have recently announced a strategic partnership.

partnership, digital identity, identity verification, digital verification, digital onboarding, customer experience, generative AI, artificial intelligence, machine learning, fraud management, fraud detection, online fraud, identity fraud, credit card fraud, fraud prevention, data protection, data privacy, compliance, regulation

EnStream, Socure tackle synthetic fraud in Canada

News | Digital Identity, Security & Online Fraud | 22 Apr 2024

EnStream and Socure have collaborated to integrate EnStream's data sets into Socure's Sigma Synthetic fraud solution, aimed at combating synthetic identity fraud in the Canadian market.

synthetic identity, identity fraud, identity verification, fraud prevention, machine learning

Socure partners with Trustly

News | Online & Mobile Banking | 01 Mar 2024

Socure has announced its partnership with global fintech Trustly in order to provide optimised onboarding processes and Open Banking payment methods for merchants. 

partnership, Open Banking, Open Finance, merchant onboarding, fraud management, artificial intelligence, KYC, identity verification

Exeter Finance taps Socure for identity verification

News | Digital Identity, Security & Online Fraud | 26 Jan 2024

US-based identity verification provider Socure has announced that auto finance company Exeter Finance has chosen the Socure ID+ platform for onboarding its new customers.

identity verification, artificial intelligence, machine learning, fraud prevention, digital onboarding

Socure achieves StateRAMP authorisation

News | Digital Identity, Security & Online Fraud | 10 Jan 2024

Digital identity verification and fraud solutions provider Socure has announced it achieved StateRAMP authorisation, enabling state and local governments to verify digital identities accurately and securely.

certification, identity verification, fraud prevention, artificial intelligence, machine learning, regtech, cybersecurity, risk management, identity fraud, synthetic identity, cloud, data protection

Socure launches first-party fraud solution and consortium

News | Digital Identity, Security & Online Fraud | 26 Oct 2023

Socure has introduced its first-party fraud solution, Sigma First-Party Fraud, powered by the concurrent launch of its First-Party Fraud Consortium (FPFC). 

fraud detection, fraud prevention, first-party misuse, product launch, identity verification

Socure partners with eCU Technology

News | Digital Identity, Security & Online Fraud | 09 Oct 2023

Digital identity verification and fraud solutions provider Socure has announced a partnership with eCU Technology to expedite the customer onboarding experience and combat fraud for credit unions.

partnership, fraud prevention, fincrime, fintech, identity verification, data analytics, artificial intelligence, machine learning, KYC

Socure partners with Public to launch investment service in the UK

News | Digital Identity, Security & Online Fraud | 15 Sep 2023

Digital identity verification solutions provider Socure has partnered with US-based multi-asset investment platform Public.

partnership, identity verification, expansion, investment, digital onboarding

Socure partners with MeridianLink

News | Digital Identity, Security & Online Fraud | 19 Jul 2023

Digital identity verification solutions provider Socure has partnered with cloud-based platforms provider MeridianLink.

partnership, digital onboarding, financial services, identity verification, fraud detection, fraud prevention

Socure acquires Berbix for USD 70 mIn

News | Digital Identity, Security & Online Fraud | 29 Jun 2023

Digital identity verification solutions provider Socure has acquired US-based startup Berbix for USD 70 million in cash and stock.

acquisition, digital identity, identity verification, identity fraud, artificial intelligence

Carahsoft reveals new identity offering powered by Okta and Socure

News | Digital Identity, Security & Online Fraud | 31 Mar 2023

US-based Carahsoft has revealed a new identity offering powered by Okta and digital identity verification solutions provider Socure.

digital identity, identity verification, partnership, fraud prevention

Socure obtains USD 95 million credit facility

News | Digital Identity, Security & Online Fraud | 09 Mar 2023

Socure, a provider of digital identity verification and fraud solutions, has entered a USD 95 million, three-year credit facility with JP Morgan, Silicon Valley Bank, and KeyBanc Capital Markets.

funding, investment, digital identity, digital onboarding, KYC

Socure joins the FIDO Alliance

News | Digital Identity, Security & Online Fraud | 09 Feb 2023

US-based digital identity platform Socure has joined the FIDO Alliance to drive identity verification standards for accurate consumer account onboarding and recovery.

partnership, identity verification, identity fraud, digital identity, cybersecurity, online security, FIDO, machine learning, artificial intelligence, digital onboarding