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 co-hosting an evening reception with several partners at the NASCIO Mid-Year conference in Philadelphia on April 29.
- Colin Gerber, Vice President of Revenue Operations & Strategy at Socure, will discuss AI enablement for go-to-market at the Scale Venture Partners How We Scaled this Summit on April 22-23.
- Socure will showcase its risk, fraud, and compliance platform at Booth #1128 during the Smarter Faster Payments event on April 29.
- Johnny Ayers of Socure discussed the challenges and successes of growing the fraud startup to over 500 employees in a recent podcast interview.
👔 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 appointed Rivka Gewirtz Little as Chief Growth Officer to lead its Growth & Insights organization and drive market expansion.
- Socure has appointed Barrett Young as the new Chief Marketing Officer to drive growth and expand market presence.
- Susan Tyburski has left Socure, where she served as Director | Fraud and Digital Identity Specialist in the United States, to join Feedzai as Strategic Account Director.
- Nick Onorati has left Socure, where he served as Head of Global IT Services in the United States, to join Umbra as Director of Information Technology.
- Kevin Tu has joined Socure as an Enterprise Account Executive Director in the United States, previously serving as Director of Strategic Accounts at DataVisor.
- Julia Bonaventure has left Socure, where she served as Director Organizational Effectiveness, to join Techneaux Technology Services as Director of Talent Acquisition in the United States.
- 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 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.
- California community colleges paid Socure over $250,000 to help detect fraud in student applications.
- 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.
- Deploi offers Socure API development services starting at $100/hour, providing real-time integration to reduce fraud and enhance trust for fintech, banking, crypto, and e-commerce sectors.
📈 Socure Financials, Fundraising and Valuation News
- Ravi Sandepudi, Head of Platform at Socure, announced that five months after Effectiv's acquisition by Socure, they have launched five live use cases on their combined platform, significantly reducing time to value from months to days.
- HCLTech has invested in Socure to enhance AI-driven fraud detection and compliance operations.
- 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's SDR team increased their total opportunity value by 170% from 2022 to Q1 2025 by using AI tools like ChatGPT to enhance productivity despite reducing team size.
- 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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