Socure | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Socure is the leading platform for digital identity verification and trust, utilizing predictive analytics, artificial intelligence,...
Socure is the leading platform for digital identity verification and trust, utilizing predictive analytics, artificial intelligence, and machine learning to verify identities in real time. The company serves over 2,000 customers across various industries, including financial services, government, and e-commerce, and has received numerous accolades for its innovative solutions in fraud detection and compliance.
Website
Headquarters
Incline Village, Nevada
Size
501-1000 employees
Industry
Software Development
Specialities
Fraud Detection, Anti-Money Laundering, Document Verification, Know Your Customer, Identity Verification, Synthetic Identity Fraud Capture, Synthetic Identity Fraud , KYC, AML, CIP, Digital Trust, Fraud Prevention, Cybersecurity, Compliance, Regulations
🛍️ Socure Product and Pricing News →
👔 Socure CEO, Management and Leadership Team →
⚔️ Socure Alternatives and Competitors →
💼 Socure Hiring and Layoffs →
🤖 Socure Developer, Integration and Automation News →
📈 Socure Financials, Fundraising and Valuation News →
🛍️ Socure Product and Pricing News
- Socure has launched the Identity Manipulation Risk Score to prevent repeat first-party fraudsters, using data from a fraud consortium including major financial institutions and fintechs.
- On March 3, 2025, Socure launched its AI Copilot to enhance its Global Watchlist Screening and Monitoring solution, significantly reducing false positives and improving compliance efficiency.
- Socure launched its first AI-powered assistant, AI Copilot, to enhance its Global Watchlist Screening and Monitoring solution, improving speed, accuracy, and efficiency in handling sanctions and adverse media matches.
- Socure plans to launch RiskOS, a new no-code orchestration and decisioning platform, to enhance identity decision-making across the customer journey in 2025, as announced by CEO Johnny Ayers.
- Socure is a Silver Sponsor of the NASCIO 2025 Midyear event.
- Socure is a primary launch partner for Mint, a new crypto event in the U.S., aiming to redefine identity verification and fraud prevention for crypto exchanges.
- Arun Kumar, Socure's CTO, participated in the NYETM panel on March 18 discussing 'Building World-Class Engineering Orgs.'
- Arun Kumar, Chief Technology Officer at Socure, will speak at Work-Bench's NY Enterprise Tech Meetup on March 19 about identity verification and fraud prevention challenges.
👔 Socure CEO, Management and Leadership Team
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Executive Director
[email protected] -
Chief Technology Officer[email protected]
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Founder, President & CEO[email protected]
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Chief Financial Officer[email protected]
⚔️ Socure Alternatives and Competitors
- ID.me |
- AWS Secrets Manager |
- LifeLock |
- Onfido |
- Sift |
- Lightico |
- LastPass |
- 1Password |
- Bureau |
- iDenfy |
- FiVerity |
- HyperVerge |
- Ondato |
- Sumsub |
- SEON |
- Persona |
- Fraud.net |
- AU10TIX |
- Accertify |
- DemystData |
- G2 Web Services |
- SIGNIFYD |
- Plaid |
- Udentify |
- MetaMap |
- Sila |
- ARGOS |
- Berbix |
- Jumio |
- Trust Swiftly |
- Ekata
💼 Socure Hiring and Layoffs
- Socure has appointed Barrett Young as the new Chief Marketing Officer to drive growth and expand market presence.
- John Watkins has left Socure, where he served as Director Solutions Consulting, to join Ally as Senior Director Fraud Analytics and Data Science in the United States.
- Thomas C. has joined Socure as Director of Global IT Services from Webflow, where he was Senior Manager IT Experience in the United States.
- Socure has appointed Sudeep Dasgupta as the new Head of Design, bringing experience from Meta, eBay, VMware, and Google.
- Socure is currently hiring a Principal Technical Program Manager in India.
- Shatul Mangla has joined Socure as a Principal Product Manager in the United States, previously serving as Senior Director of Product Management at Equifax.
- Socure is currently hiring for the position of Head of Developer Experience in the United States (Remote).
- Socure has strengthened its leadership team by hiring Krisan Nichani as Head of Product Strategy and Josh Simpson as Head of Customer Success.
🤖 Socure Developer, Integration and Automation News
- PrizePicks partners with Socure to enhance player safety on its platform.
- The Florida Department of Commerce plans to retain Socure's SaaS Identification Application and API for identity verification and fraud prevention, with a contract response deadline of March 18, 2025.
- Socure has partnered with Okta to enhance identity verification and fraud prevention for federal agencies, with a webinar featuring Socure's Head of Public Sector Jordan Burris on January 29th.
- Yendo improved its onboarding process and compliance by using Socure's identity verification and fraud prevention solutions, achieving a 25% reduction in manual reviews and a 95% conclusive decision rate.
- Socure has shifted its mission focus from 'equity' to 'access' and replaced Equifax Inc. and Public Consulting Group with Allocore as a reseller.
📈 Socure Financials, Fundraising and Valuation News
- On January 28, 2025, Socure's CTO Arun Kumar discussed the company's rapid growth, serving over 2,700 customers including major U.S. banks, and its acquisition of Effectiv to enhance integration and efficiency.
- Socure is enhancing its risk management capabilities by acquiring Effectiv to integrate continuous lifecycle monitoring with its existing point-in-time checks.
- Johnny Ayres, an executive at Socure, is backing Borderless.xyz along with Amity Ventures and other industry leaders.
- In 2024, Socure achieved record growth by doubling identity verifications to over 2.7 billion, increasing GAAP revenue by 54%, and significantly enhancing fraud detection and verification accuracy.
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